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interest rates

European Central Bank (ECB) President Christine Lagarde on a podium speaking to reporters
What We're Watching

Iran war forces European interest rate cut, SpaceX to go public tomorrow, Investigators seek Ebola’s patient zero

The ECB raised interest rates for the first time since 2023, becoming the first G7 central bank to act against inflation driven by the war in Iran. With the Bank of Japan poised to follow suit, pressure mounts on the US Federal Reserve to respond.