https://www.live-feeds.com/feed/european-central-bank-raises-rates-in-bid-to-quell-inflationContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/european-central-bank-raises-rates-in-bid-to-quell-inflationhttps://www.live-feeds.com/feed/european-central-bank-raises-rates-in-bid-to-quell-inflation#u65804Sat, 12 Sep 2026 04:30:40 +0000The European Central Bank raised interest rates by a quarter point to 2.5% to address energy-fueled inflation. The bank warned of upside risks and is preparing for inflation that may be longer-lasting. Following the expected move, the euro slipped while the dollar gained. ECB governors and officials expect further tightening, with October identified as a potential date for the next hike. The Bundesbank chief stated that future rate increases remain very much dependent on energy costs.Why it mattersThe ECB uses interest rate adjustments to stabilize prices across the eurozone. Persistent inflat