Borrowing costs climb in Europe and oil tops $105 a barrel as bank flags growing price pressures in eurozone Business live – latest updates The European Central Bank has raised interest rates to 2. 5% and warned that the risk of higher inflation over the next year has risen following renewed figh...
Source: [Guardian US](https://www.theguardian.com/business/2026/sep/10/ecb-raises-interest-rates-to-25-amid-warning-iran-war-is-fuelling-inflation)