
ECB to hike rates as Iran war fuels fresh inflation fearsThe European Central Bank looks set to raise interest rates on Thursday for the second time this year, reported Reuters, seeking to head off an energy-driven surge in inflation triggered by the Iran war.Attacks by both sides since the end of August have shattered a month of relative calm, with the U.S. and Iran hitting military, shipping and energy assets. That has sent oil prices above $100 a barrel again and revived fears about a wave of...
This story was originally reported by Khaleej Times. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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