{"id":10194,"date":"2026-06-11T15:38:00","date_gmt":"2026-06-11T12:38:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=10194"},"modified":"2026-06-11T15:38:00","modified_gmt":"2026-06-11T12:38:00","slug":"ecb-raised-interest-rates-by-25-basis-points","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=10194","title":{"rendered":"ECB: raised interest rates by 25 basis points"},"content":{"rendered":"<p>The <b>European Central Bank <\/b>hiked its <b>interest rates <\/b>by 25 basis points to 2.25%, in the first tightening move since September 2023, when it ended its previous round of hikes<\/a><\/b>.<\/p>\n<p>The decision, which confirmed analysts&#8217; estimates, marks a shift in monetary policy for the ECB, which becomes the first major central bank to respond to inflationary pressures caused by the Middle East.<\/p>\n<p>The resurgence of <b>inflation<\/b> in the <b>Eurozone<\/b>, which reached 3.2% in May, is mainly attributed to soaring energy prices following the Middle East flare-up and the closure of the<b>Sea Strait of Hormuz,<\/b> one of the most critical sea lanes for global energy supply.<\/p>\n<p>At first, ECB officials hoped the new inflation shock would be temporary. However, the prolonged duration of the <b>conflict<\/b>, little progress in diplomatic efforts and signs that the<b> price rises<\/b> are now being passed on to sectors beyond energy have intensified the pressure for action.<\/p>\n<p>Interest now turns to the ECB president,<b>Christine Lagarde&#8217;s statements, and<\/b> investors will be looking for clues as to whether today&#8217;s hike is an isolated intervention or the start of a new tightening cycle, as analysts see at least one more rate hike later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank raised its interest rates by 25 basis points to 2.25%, in the first tightening move of its &#8230;<\/p>\n","protected":false},"author":1,"featured_media":10195,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-10194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/10194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10194"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/10194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/10195"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}