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ECB interest rate hikes to stop energy inflation shock?Photo by geralt on Pexels
Business
Экономика

ECB interest rate hikes to stop energy inflation shock?

Euronews Portugal11 September 2026 at 06:47

The European Central Bank is raising interest rates to stop the inflationary shock caused by high energy prices. The objective is to increase the cost of credit and prevent expensive energy from turning into persistent inflation in the European economy.

Economists are divided on how far rates should rise. There is no consensus on the impact these increases will have on eurozone economic growth.

This situation arises in a context where energy prices remain high, fueling inflationary pressures that the ECB is trying to contain through restrictive monetary policy.

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