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Deutsche Welle· Europe

ECB keeps interest rates unchanged amid Iran war inflation

The European Central Bank has kept its base interest rates steady but said it was "closely monitoring" the energy price shock. The impact of the war against Iran on energy costs has pushed inflation over ECB targets.

Published Thursday, 23 July 2026 at 13:54
The European Central Bank has kept its base interest rates steady but said it was "closely monitoring" the energy price shock. The impact of the war against Iran on energy costs has pushed inflation over ECB targets.

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