{"id":66616,"date":"2026-06-11T14:45:37","date_gmt":"2026-06-11T14:45:37","guid":{"rendered":"https:\/\/www.europesays.com\/europe\/66616\/"},"modified":"2026-06-11T14:45:37","modified_gmt":"2026-06-11T14:45:37","slug":"europes-central-bank-raises-rates-to-fight-inflation-from-iran-war-the-fed-to-decide-next-week-business-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/europe\/66616\/","title":{"rendered":"Europe&#8217;s central bank raises rates to fight inflation from Iran war, the Fed to decide next week | Business"},"content":{"rendered":"<p>FRANKFURT, Germany \u2013 The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the <a href=\"https:\/\/apnews.com\/hub\/iran\" rel=\"nofollow noopener\" target=\"_blank\">Iran war<\/a> as policymakers around the world including new U.S. Federal Reserve Chair <a href=\"https:\/\/apnews.com\/article\/federal-reserve-kevin-warsh-jerome-powell-interest-rates-95ccceb935f5c6ebc3b6a4528fd3cbcb\" rel=\"nofollow noopener\" target=\"_blank\">Kevin Warsh<\/a> wrestle with how to confront the inflation fed by sharply higher oil prices.<\/p>\n<p>The ECB\u2019s rate-setting council raised its benchmark rate to 2.25% from 2%, where it had been for a year. The move comes ahead of rate-setting meetings next week at the Fed, the Bank of Japan, and the Bank of England.<\/p>\n<p>kAm~:= AC:46D 92G6 C:D6? D92CA=J 5F6 E@ xC2? 49@&lt;:?8 @77 E96 7=@H @7 4CF56 @:= E9C@F89 E96 $EC2:E @7 w@C&gt;FK[ E96 D62 A2DD286 7@C 2 7:7E9 @7 E96 H@C=5\u2019D @:= 2?5 7F6= AC@5F4ED 5FC:?8 ?@C&gt;2= E:&gt;6D] #2:D:?8 C2E6D 2:&gt;D E@ 52&gt;A6? E96 4@?DF&gt;6C AC:46 :?7=2E:@? 765 3J 9:896C 4@DED 7@C AC@5F4ED &gt;256 7C@&gt; 4CF56 DF49 2D 82D@=:?6[ 5:6D6= 7F6=[ 4@@&lt;:?8 82D 2?5 962E:?8 @:=]k^Am<\/p>\n<p>kAmx?E6C?2E:@?2= 36?49&gt;2C&lt; q6?E 4CF56 H2D EC25:?8 2E 2C@F?5 Shb A6C 32CC6= @? %9FCD52J[ FA 7C@&gt; 2C@F?5 Sfb @? E96 6G6 @7 E96 H2C] %92E 92D 96=A65 AFD9 :?7=2E:@? 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D6?5 :?E6C6DE 4@DED 9:896C 7@C 9@&gt;6 AFC492D6D[ :?G6DE&gt;6?E \ud83d\ude15 ?6H 724E@C:6D[ 2?5 8@G6C?&gt;6?E 3@CC@H:?8]k^Am<\/p>\n<p>kAm%96 trq &gt;2J 36 23=6 E@ 86E 3J H:E9 @?=J @?6 @C EH@ :?4C62D6D 3642FD6 E96 :?7=2E:@?2CJ DFC86 &gt;2J 36 &gt;:=56C E92? 762C65[ D2:5 r2CDE6? qCK6D&lt;:[ 8=@32= 49:67 @7 &gt;24C@ 2E x}v 32?&lt;]k^Am<\/p>\n<p>kAm%92E \ud83d\ude00 3642FD6 4@?DF&gt;6CD 3FC?65 3J E96 A@DE\\A2?56&gt;:4 DA:&lt;6 \ud83d\ude15 :?7=2E:@? 2C6 \ud83d\ude15 ?@ &gt;@@5 E@ A2J 9:896C AC:46D[ =62G:?8 3FD:?6DD6D =:EE=6 49@:46 3FE E@ DH2==@H 9:896C 6?6C8J 4@DEDi \u201c%96 A2DD\\E9C@F89 @7 9:896C 6?6C8J 2?5 :?AFE AC:46D E@ 7:?2= 4@?DF&gt;AE:@? H:== 36 =:&gt;:E65 5F6 E@ 2 =24&lt; @7 23:=:EJ 2?5 H:==:?8?6DD @7 4@?DF&gt;6CD E@ 24EF2==J A2J 7@C E96D6 9:896C AC:46D[\u201d 96 HC@E6 \ud83d\ude15 2? 6&gt;2:=65 4@&gt;&gt;6?E]k^Am<\/p>\n<p>kAm\u2014\u2014k^Am<\/p>\n<p>kAm#F8236C C6A@CE65 7C@&gt; (2D9:?8E@?]k^Am<\/p>\n<p>Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n","protected":false},"excerpt":{"rendered":"FRANKFURT, Germany \u2013 The European Central Bank on Thursday became the first major central bank to raise interest&hellip;\n","protected":false},"author":2,"featured_media":66617,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2388],"tags":[16412,2508,19309,37615,41,698,2751,16516,37609,2531,2627,2571,37623,2584,37624,37612,635,2526,2513,7955,1507,2564,37614,2617,2576,2169,37631,5780,2580,12094,2543,6188,1512,2539,2581,9978,37625,1419,66,19296,37617,2530,1157,37632,2590,2577,538,2507,2504,2560,2498,603,2545,2511,2630,2540,2626,2609,88,2538,809,507,2573,2575,1894,2556,2516,4,1858,2574,2594,40,2550,2604,2485,19294,2607,37616,15852,11476,2975,2221,2585,37626,37611,2519,2510,1961,19284,2553,1570,2541,468,713,1408,1416,1418,1137,92,37620,2532,29315,8417,2548,37630,37613,2552,633,37610,22376,2500,2503,2752,2536,2625,2524,2549,2558,2565,634,508,11026,37629,303,2258,2976,14944,37621,2567,2591,37618,3254,2520,2505,2499,2529,961,2554,2501,2518,2535,37619,2506,2555,1417,1081,49,2579,510,37622,2559,2527,2568,1415,2570,2551,37627,32321,2618,824,15855,238,46,2566,15851,19288,19293,2502,2509,2542,2514,37628,13889,2523,19350,2544,18976,2621,2546,2599,2525,8049,15853,4999,2569,2537,2561,9971,920,110,2578,19295,21351,45,19319,421],"class_list":["post-66616","post","type-post","status-publish","format-standard","has-post-thumbnail","category-european-central-bank","tag-2021-2023-inflation-surge","tag-2026-iran-war","tag-american-nationalists","tag-attention","tag-australia","tag-bank","tag-bank-of-england","tag-bank-of-japan","tag-bank-rate","tag-banking","tag-banking-organizations","tag-banknote-issuers","tag-banknotes","tag-banks","tag-banks-of-the-united-states","tag-barrel-unit","tag-business","tag-business-cycle","tag-business-economics","tag-central-bank","tag-central-banks","tag-chemical-energy-sources","tag-chemical-mixtures","tag-chemical-process-engineering","tag-chemical-substances","tag-christine-lagarde","tag-commodity-markets","tag-consumer-price-index","tag-continental-unions","tag-cooking","tag-cost","tag-credit","tag-currency","tag-currency-unions","tag-debt","tag-demand","tag-demand-for-money","tag-diesel-fuel","tag-donald-trump","tag-donald-trump-controversies","tag-door","tag-economic-crises","tag-economic-events","tag-economic-impact-of-the-covid-19-pandemic","tag-economic-integration","tag-economic-paleontology","tag-economic-policy","tag-economic-problems","tag-economics","tag-economics-of-primary-sector-industries","tag-economies","tag-economy","tag-economy-of-asia","tag-economy-of-europe","tag-economy-of-north-america","tag-economy-of-the-european-union","tag-economy-of-the-united-states","tag-economy-related-organizations","tag-energy","tag-energy-economics","tag-energy-industry","tag-energy-markets","tag-energy-production","tag-energy-sources","tag-england","tag-environmental-social-science","tag-euro","tag-europe","tag-european-central-bank","tag-european-integration","tag-european-system-of-central-banks","tag-european-union","tag-european-union-economic-policy","tag-eurosystem","tag-eurozone","tag-executive-branch-of-the-government-of-the-united-states","tag-factor-income-distribution","tag-family-economics","tag-federal-government-of-the-united-states","tag-federal-reserve","tag-federal-reserve-system","tag-finance","tag-financial-crises","tag-financial-law","tag-financial-market","tag-financial-markets","tag-financial-problems","tag-financial-services","tag-first-presidency-of-donald-trump","tag-foreign-exchange-market","tag-fossil-fuels","tag-frankfurt","tag-fuel","tag-fuel-production","tag-fuels","tag-gas","tag-gasoline","tag-geopolitics","tag-germany","tag-glassforming-liquids-and-melts","tag-goods","tag-government-debt","tag-government-finances","tag-government-institutions","tag-great-recession","tag-heating-oil","tag-hydrocarbons","tag-inflation","tag-inflationism","tag-institutional-investors","tag-interest","tag-interest-rate","tag-interest-rates","tag-intergovernmental-organizations","tag-international-business","tag-international-economic-organizations","tag-international-finance","tag-international-finance-institutions","tag-international-relations","tag-international-trade","tag-investment","tag-investment-banking","tag-investment-companies","tag-iran","tag-japan","tag-jerome-powell","tag-kevin-warsh","tag-language","tag-late-modern-period","tag-liability-financial-accounting","tag-liquids","tag-loans","tag-macroeconomic-policy","tag-macroeconomic-problems","tag-macroeconomics","tag-market-economics","tag-marketing","tag-microeconomics","tag-monetary-economics","tag-monetary-policy","tag-monetary-policy-of-the-european-union","tag-monetary-policy-of-the-united-states","tag-money","tag-monopolies","tag-natural-gas","tag-natural-resources","tag-news","tag-non-renewable-resources","tag-oil","tag-oil-and-gas-markets","tag-oils","tag-operations-of-central-banks","tag-personal-finance","tag-petroleum","tag-petroleum-economics","tag-petroleum-industry","tag-petroleum-production","tag-philippines","tag-policies-of-the-e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