The ECB raised its three key interest rates by 25bp on Thursday, taking the deposit rate from 2.25% to 2.50%, as the Governing Council warned that the Middle East conflict continues to generate inflation pressure. The statement said inflation is set to remain “well above target for an extended period”, reinforcing the case for another […]The post ECB Hikes to 2.50% as Higher Inflation Meets Stronger Eurozone Growth appeared first on ActionForex.