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European Central Bank raises interest rates for the first time since 2023
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European Central Bank raises interest rates for the first time since 2023
Jun 11, 2026 8:23 AM

The European Central Bank announced its interest rate decision on Thursday at the conclusion of its June 10-11 policy meeting, raising rates by 25 basis points to 2.40%.

The move marks the first interest rate increase in the eurozone since July 2023 and was broadly in line with market expectations.

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