The European Central Bank is expected to raise interest rates amid reports that emerging economies are boosting domestic demand.

The entities involved

• European Central Bank →

  central bank of the European Union and the eurozone

  • Eurostat reported annual inflation across the euro area, coinciding with the European Central Bank raising key interest rates.Sat 21:23
  • Eurostat released consumer price measures for the euro area, while the ECB continues to manage monetary policy.Sat 21:23
• New Delhi →

  capital city of India

  • A novel has been set in the capital city of India.03:11
  • A craftsman in Agra orders shoes, with customers working at the Bureau of Indian Standards in New Delhi.02:06
• United Arab Emirates →

  country in Western Asia

  • Pakistan utilized the UAE for debt management and financing amid regional economic instability caused by the US-Iran conflict.11:44
  • Integrated Diagnostics Holdings plc, a company providing diagnostic services in the UAE, operates with patient centers in Dubai and is headquartered in Abu Dhabi.10:47

Related events

• ECB raises interest rates in response to inflation driven by Middle East conflict.Jun 11
• Global central banks, including the ECB and RBI, are raising interest rates.Sep 17
• ECB sets rate policy while IMF discusses France's debt and Moulin speaks at World Bank Group meetings.Wed 11:16
• AI optimism is driving stock market highs, leading to the European Central Bank being advised to raise interest rates.Jun 7
• ECB leadership draws on international financial experience, involving the Financial Stability Board.Sep 27