ECB Hikes Rates Amid War-Driven Inflation

The ECB just delivered its first rate hike in nearly three years, betting on inflation fueled by Middle East conflict — even as growth slows. Lagarde insists it’s unavoidable, warning that inaction risks long-term inflation. While some call it a precautionary move, she says it’s a firm step toward hitting their 2% target — and they’re not done yet. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b1247286563c3063