The ECB’s Rate Hike Could Force the Fed’s Hand

The European Central Bank is expected to raise its benchmark rate to 2.25% on Thursday, June 11, the first increase since 2023, as Middle East-driven energy costs push eurozone inflation above its 2% target. The move lands six days before Kevin Warsh chairs his first Federal Reserve meeting. The ECB’s Governing Council cited energy prices The post The ECB’s Rate Hike Could Force the Fe