Reposted by locklin2026
The European Central Bank has raised interest rates for the first time in almost three years, becoming the first major central bank to respond to the inflationary fallout of the Iran war.
Whether it was the right call depends on who you listen to.
politico.eu
ECB rolls the dice as first major central bank to hike rates over Iran war
The move puts Frankfurt ahead of its global peers. But risks echoing the institution’s ill-fated 2011 policy response.
