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FILE. ECB President Christine Lagarde and VP Boris Vujcic attend a press conference after a governing council meeting in Frankfurt, Germany, 11 June 2026

Video. ECB holds rates at 2.25% as reignited Iran war boosts inflation fears

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The European Central Bank left interest rates unchanged on Thursday, pausing after June's first hike in three years as easing inflation bought policymakers time, while renewed fighting in the Middle East caused a new rise in energy prices, keeping another hike firmly on the table for autumn.

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