The bank, fighting price pressures spurred by the war in the Middle East, raised its benchmark rate to 2.5 percent.

The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing ...

Drought and heatwaves hit Hungary's agriculture sector Lower output to hit wider economy, boost inflation next year Rebound in global food prices another risk to inflation outlook Central bank eyes ...

Persistent inflation pressures and resilient economic growth have increased the risk of further rate hikes by major central ...

Turkish central bank kept its key policy rate unchanged at 37% on Thursday, citing that elevated energy prices pose 'upward ...

The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran ...

The European Central Bank has matched market expectations and raised interest rates by 25 basis points to 2.5% as it seeks to damp inflation that's being bolstered by rising energy costs. "The ...

European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon's plan to ...

The odds of a Fed rate hike next week rose to 70% after a report showing increasing wholesale prices, and after oil jumped ...

The European Central Bank (ECB) raised interest rates on Thursday, in a move which increases the pressure on the Bank of ...

The hike was widely expected after inflation topped the 2% price-stability target for six straight months, reaching 3.3% in ...

The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation higher and forces a ...