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ECB raises interest rates for the second time this year to curb inflation. Deposit rate rises to 2.50%Photo by sweetlouise on Pexels
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Экономика

ECB raises interest rates for the second time this year to curb inflation. Deposit rate rises to 2.50%

Eco10 September 2026 at 13:15

The European Central Bank (ECB) raised interest rates by 25 basis points for the second time this year. The Thursday decision, widely expected by economists and investors, raises the Deposit Facility rate to 2.50% and the refinancing and marginal lending rates to 2.65% and 2.90%, respectively.

This measure was designed to respond to the acceleration of energy prices caused by the war in the Middle East, which opposes the United States and Israel against Iran. The conflict has been driving up oil and gas prices, boosting inflation in the Eurozone.

Europe is particularly exposed to energy shocks, as it depends on imports to ensure supply. This situation will impact Portuguese household budgets, especially those with mortgage loans, with monthly payments increasing.

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