If Energy Prices Stay Elevated, ECB Likely to Raise Rates in September
Dow Jones
Jul 23
1332 GMT - If energy prices remain at the current elevated levels, the European Central Bank is likely to increase interest rates in September, Aberdeen Investments' Felix Feather says in a note. "An energy cost shock of that magnitude would be too great for the ECB to look through," he says. The ECB voted to keep interest rates on hold at 2.25% at Thursday's rate decision and said it would follow a data-dependent approach at future meetings. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 09:32 ET (13:32 GMT)
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