The European Central Bank raised its deposit rate on June 5th to counteract rising inflationary pressures within the Eurozone.

The entities involved

• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35

Related events

• The European Central Bank raised interest rates on June 11th, 2026, in response to inflation driven by the ongoing Iran war.Jun 11
• Global central banks, including the ECB and RBI, are raising interest rates.Sep 17
• Inflation rose to 3.7 percent.Sep 13
• The Middle East conflict is causing oil and gas prices to rise, prompting central banks, including the ECB, to consider interest rate hikes amid global inflation pressures.Sep 7
• The European Central Bank and the South African Reserve Bank are both reacting to global inflation.Fri 14:29