FRONT PAGE / COFFERS / COF-2026-06-11-F2
COFFERS · sovereign wealth · 2026-06-11SCOOP 70
ECB raises rates for first time since 2023 as Iran war stokes inflation
The European Central Bank raised its main deposit rate from 2% to 2.25% on June 11, its first increase since 2023, in response to higher inflation caused by the war in Iran, according to reporting by Euronews and The Gua.
At a glance
- The ECB raised its main deposit rate from 2% to 2.25% on June 11, 2026.
- It was the ECB's first rate increase since 2023.
- Markets expect two further rises by next spring, per the reporting.
VERDICT — CONFIRMED
The European Central Bank raised its main deposit rate from 2% to 2.25% on June 11, its first increase since 2023, in response to higher inflation caused by the war in Iran, according to reporting by Euronews and The Guardian. Financial markets expect the move to be the first of three rises, with two further increases anticipated by next spring. The decision was widely covered, with CNBC and the Financial Times also reporting the hike the same day.
Key facts on file
- The ECB raised its main deposit rate from 2% to 2.25% on June 11, 2026.
- It was the ECB's first rate increase since 2023.
- Markets expect two further rises by next spring, per the reporting.
PRIMARY SOURCE
EuronewsSources · two-source rule
PRIMARYEuronews
CORROB.The Guardian — World
CORROB.CNBC — Top News
CORROB.Financial Times — Home
CITE THIS FILE — The Regent Wire · cof-2026-06-11-f2 · filed 2026-06-11 · https://regentwire.com/dispatch/cof-2026-06-11-f2-ecb-raises-rates-for-first-time-since-2023-as-iran-war.html · Primary and corroborating sources listed above; archived at publication. Republishing & licensing: hello@regentwire.com.
