Why the ECB Will Probably Hold Rates Steady Despite Iran Inflation Fears

Dow Jones00:15

The latest flare-up in fighting between the U.S. and Iran probably won't be enough to force the European Central Bank's hand on Thursday, even as energy costs creep higher.

Investors expect the ECB to keep interest rates unchanged at 2.25%. Policymakers raised borrowing costs by a quarter of a point in June, having decided it was time to start trying to curb inflation.

Euro zone inflation cooled to 2.8% last month from 3.2% in May, which has weakened the case for Frankfurt to carry on hiking rates.

Still, there's a case for the ECB to be proactive.

The U.S. has launched attacks on Iran for 11 straight days, disrupting shipping through the Strait of Hormuz and sending oil prices to their highest level in more than a month.

Investors are worried that the fracturing of the cease-fire between the two countries will encourage central banks to tighten, which has weighed on U.S.-listed tech stocks in recent trading sessions.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 22, 2026 12:15 ET (16:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653066761?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 00:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653066761","market":"other","top_or_hot":-1,"title":"Why the ECB Will Probably Hold Rates Steady Despite Iran Inflation Fears","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  The latest flare-up in fighting between the U.S. and Iran probably won't be enough to force the European Central Bank's hand on Thursday, even as energy costs creep higher. \n</p>\n<p>\n  Investors expect the ECB to keep interest rates unchanged at 2.25%. Policymakers raised borrowing costs by a quarter of a point in June, having decided it was time to start trying to curb inflation. \n</p>\n<p>\n  Euro zone inflation cooled to 2.8% last month from 3.2% in May, which has weakened the case for Frankfurt to carry on hiking rates. \n</p>\n<p>\n  Still, there's a case for the ECB to be proactive. \n</p>\n<p>\n  The U.S. has launched attacks on Iran for 11 straight days, disrupting shipping through the Strait of Hormuz and sending oil prices to their highest level in more than a month. \n</p>\n<p>\n  Investors are worried that the fracturing of the cease-fire between the two countries will encourage central banks to tighten, which has weighed on U.S.-listed tech stocks in recent trading sessions. \n</p>\n<p>\n  Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 12:15 ET (16:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the ECB Will Probably Hold Rates Steady Despite Iran Inflation Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the ECB Will Probably Hold Rates Steady Despite Iran Inflation Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 00:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  The latest flare-up in fighting between the U.S. and Iran probably won't be enough to force the European Central Bank's hand on Thursday, even as energy costs creep higher. \n</p>\n<p>\n  Investors expect the ECB to keep interest rates unchanged at 2.25%. Policymakers raised borrowing costs by a quarter of a point in June, having decided it was time to start trying to curb inflation. \n</p>\n<p>\n  Euro zone inflation cooled to 2.8% last month from 3.2% in May, which has weakened the case for Frankfurt to carry on hiking rates. \n</p>\n<p>\n  Still, there's a case for the ECB to be proactive. \n</p>\n<p>\n  The U.S. has launched attacks on Iran for 11 straight days, disrupting shipping through the Strait of Hormuz and sending oil prices to their highest level in more than a month. \n</p>\n<p>\n  Investors are worried that the fracturing of the cease-fire between the two countries will encourage central banks to tighten, which has weighed on U.S.-listed tech stocks in recent trading sessions. \n</p>\n<p>\n  Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 12:15 ET (16:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QBIF","symbol_name":"AllianzIM International Equity Buffer15 ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653066761","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653066761","pubTimestamp":1784736900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The latest flare-up in fighting between the U.S. and Iran probably won't be enough to force the European Central Bank's hand on Thursday, even as energy costs creep higher.Investors expect the ECB to keep interest rates unchanged at 2.25%. Policymakers raised borrowing costs by a quarter of a point in June, having decided it was time to start trying to curb inflation.Euro zone inflation cooled to 2.8% last month from 3.2% in May, which has weakened the case for Frankfurt to carry on hiking rates.Still, there's a case for the ECB to be proactive.The U.S. has launched attacks on Iran for 11 straight days, disrupting shipping through the Strait of Hormuz and sending oil prices to their highest level in more than a month.Investors are worried that the fracturing of the cease-fire between the two countries will encourage central banks to tighten, which has weighed on U.S.-listed tech stocks in recent trading sessions.Write to George Glover at george.glover@dowjones.comThis content was creat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QBIF":"AllianzIM International Equity Buffer15 ETF","BKCI":"BNY MELLON CONCENTRATED INTERNATIONAL ETF","AVDV":"Avantis International Small Cap Value ETF","TXUE":"Thornburg International Equity ETF","TLCI":"Touchstone International Equity ETF","VNIE":"Vontobel International Equity Active ETF","BGH":"巴克艾Gp控股","IDEV":"iShares Core MSCI International Developed Markets ETF","IMOM":"Alpha Architect International Quantitative Momentum ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"尽管担心伊朗通胀，欧洲央行为何可能维持利率稳定","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVDV":1.5,"IMOM":1.5,"IDEV":1.5,"QBIF":1.5,"TLCI":1.5,"BKCI":1.5,"TXUE":1.5,"VNIE":1.5,"BGH":1.5},"content_text":"The latest flare-up in fighting between the U.S. and Iran probably won't be enough to force the European Central Bank's hand on Thursday, even as energy costs creep higher. \n\n\n  Investors expect the ECB to keep interest rates unchanged at 2.25%. Policymakers raised borrowing costs by a quarter of a point in June, having decided it was time to start trying to curb inflation. \n\n\n  Euro zone inflation cooled to 2.8% last month from 3.2% in May, which has weakened the case for Frankfurt to carry on hiking rates. \n\n\n  Still, there's a case for the ECB to be proactive. \n\n\n  The U.S. has launched attacks on Iran for 11 straight days, disrupting shipping through the Strait of Hormuz and sending oil prices to their highest level in more than a month. \n\n\n  Investors are worried that the fracturing of the cease-fire between the two countries will encourage central banks to tighten, which has weighed on U.S.-listed tech stocks in recent trading sessions. \n\n\n  Write to George Glover at george.glover@dowjones.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 12:15 ET (16:15 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653066761","isCrawlerRequest":true}