European Central Bank raises interest rates by 0.25%
Story essentials
European Central Bank
Europe
June 2026
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The Euro and the Battle of Ideas
Author: Markus K. Brunnermeier, Harold James, and Jean-Pierre Landau
This book provides a deep dive into the intellectual and political history of the ECB, explaining how the institution balances inflation targeting with the diverse economic needs of the Eurozone, which is crucial for understanding why they choose to hike rates amidst energy shocks.
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