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European Central Bank raises interest rates ahead of Federal Reserve meeting next week

Politics The Hill By Ashleigh Fields 11 Jun 2026 15:30 1 min read
European Central Bank raises interest rates ahead of Federal Reserve meeting next week

The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday ahead of Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting as chair of the Federal Reserve next week. “The war in the Middle East is generating inflation pressures and the decision to raise rates is robust across a range of...

The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday ahead of Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting as chair of the Federal Reserve next week. “The war in the Middle East is generating inflation pressures and the decision to raise rates is robust across a range of...

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