European Central Bank set for June rate hike, with July options still on the table
The European Central Bank is preparing to raise its key policy rate in June, marking a significant shift from its previous rate-cutting stance. This decision comes as inflation in the eurozone remains above the ECB's target, prompting discussions about the timing and pace of rate hikes. Analysts predict that the main refinancing rate could increase to around 2.4% by the end of the quarter, with a potential follow-up hike in July still being considered.
- ▪The ECB is expected to raise its key policy rate at the June Governing Council meeting.
- ▪Current inflation in the euro area is approximately 1 percentage point above the ECB's 2% target.
- ▪Analysts project the main refinancing rate could reach around 2.4% by the end of the current quarter.
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European Central Bank set for June rate hike, with July options still on the table The ECB appears ready to shift from rate-cutting mode to rate-hiking mode, a pivot that could ripple through crypto and risk assets across Europe. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); For months, the European Central Bank has been the dove in the room, cutting rates while inflation cooled…
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