ECB Lifts Rates for Second Time as Iran War Drives Inflation
The European Central Bank raised its deposit rate to 2.50% on 10 September 2026, its second hike of the year, as Iran war energy prices pushed euro area inflation to 3.3%. We set out the new ECB interest rates, the staff projections, what markets now price, and why Christine Lagarde named AI financing as a driver of global bond yields.