ECB RAISES RATES 25BP AS INFLATION OUTLOOK LIFTS
ECB raised all three key interest rates by 25 basis points, lifting the deposit facility to 2.25%, refinancing rate to 2.40%, and marginal lending facility to 2.65%. The central bank cited renewed inflation pressures, including energy costs linked to Middle East tensions, and raised its 2026–2027 inflation projections. Policymakers stressed a data-dependent, meeting-by-meeting approach, with uncertainty around both inflation risks and economic growth outlook.