22:35 - 10.09.2026

---

September 10, Fineko/abc.az. The European Central Bank (ECB) hiked its key interest rates by 25 basis points to counter persistent inflationary pressures stemming from Middle East geopolitical supply shocks. The deposit facility rate was raised to 2.50%, the main refinancing rate to 2.65%, and the marginal lending facility to 2.90%.

Warning that inflation will remain well above the 2% target for an extended period, the ECB revised its headline inflation outlook upward to 2.5% for 2027 and 2.1% for 2028, while keeping the 2026 forecast at 3.0%. Meanwhile, Eurozone GDP growth expectations were slightly upgraded to 0.9% for 2026 and 1.4% for 2027 due to economic resilience.

ECB President Christine Lagarde noted that the decision was unanimous, confirming that monetary policy will remain data-dependent to anchor medium-term price stability.