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Updated · Bloomberg · May 11ECB set to raise rates twice in 2026
11 articles · Updated · Bloomberg · May 11
- Economists forecast quarter-point increases in June and September, taking the deposit rate up from its current 2% as inflation accelerates.
- The shift reflects stronger expectations than the previous survey, which had projected only one increase this year.
- The outlook brings economists closer to market pricing as the Iran war is seen adding fresh inflation pressure to the euro zone.
Can interest rate hikes solve an inflation crisis caused by war, or will they only worsen the economic pain? As the Iran war chokes global trade, are we witnessing the beginning of a new world economic recession? How will the blockade of the Strait of Hormuz permanently reshape global energy and food supply chains?