ECB Raises Interest Rates for First Time in Nearly Three Years

First reported by TheMarker · Jun 11, 2026

What happened

The European Central Bank raised interest rates from 2% to 2.25%, its first increase in nearly three years. The move came after market turmoil tied to the war in Iran and the closure of the Strait of Hormuz, which drove up energy prices and eurozone inflation. Investors expect at least one more increase before the end of the year.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

Full coverage · 3 outlets

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YnetCenter · HebrewJun 11, 2026

ECB Raises Interest Rates for First Time in Nearly Three Years

CalcalistUnrated · HebrewJun 11, 2026

European Central Bank raises interest rates for the first time in nearly three years

TheMarkerUnrated · HebrewJun 11, 2026

European Central Bank Set to Become the First Major Bank to Raise Rates Because of the Iran War

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