The European Central Bank raised its three key interest rates by a quarter basis point on Thursday, as widely expected, with policymakers assessing that the inflation outlook in the euro area remained "too high for too long" and ECB President Christine Lagarde signaled more rate hikes ahead.
The Governing Council raised the main refinancing rate, or refi, by 25 basis points at 3.75 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.