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10 minutes: ECB should raise interest rates and set the reference rate at 2.5%
Business

10 minutes: ECB should raise interest rates and set the reference rate at 2.5%

SIC Notícias10 September 2026 at 15:52

The European Central Bank should raise interest rates, setting the reference rate at 2.5%. This decision represents another step towards monetary tightening by the European institution.

The interest rate hike will significantly weigh on the wallets of families with housing loans. Borrowers will face higher monthly payments as a direct consequence of the reference rate increase.

This movement fits within a context of restrictive monetary policy aimed at controlling inflation in the eurozone.

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