Euro Zone news
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Euro zone rates
Energy shock puts ECB on course for expected rate hike
Policymakers are expected to lift the deposit rate by 25 basis points as rising oil and gas costs feed inflation concerns across the euro zone
Monetary policy
ECB holds key rate at 2% as energy shock lifts inflation
The central bank kept policy steady Thursday but warned that inflation risks and growth risks have both intensified as the war in the Middle East pushes up energy costs