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European Central Bank opts for first rate hike since 2023

The markets had anticipated the decision
The ECB's headquarters in Frankfurt, Germany. (DR)
The ECB's headquarters in Frankfurt, Germany. (DR)
Business Immo
June 11, 2026 | 2:03 P.M.

Inflation linked to the conflict in the Middle East has prompted the European Central Bank, ECB, to raise its three key interest rates by 25 basis points.

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