2 articles tagged eurozone inflation 2026 · Free
SEPT
16
ECB Sep 10, 2026 rate hike takes legal effect Sep 16, 2026: deposit facility 2.50% (highest in over a decade). Staff projections upgrade 2027-28 inflation above the 2% target, ruling out near-term reversal. Variable mortgage holders in Germany, France, Spain face the most direct impact; Bundesbank paper (Sep 16) argues aggressive hikes needed.
SEPT
16
The ECB's September 10 hike to a 2.5% deposit rate (effective Sep 16) hits ~130,000 Irish tracker mortgage holders immediately — about +€15/month per €100K borrowed. Combined with June's hike, tracker repayments are up €24-28/month per €100K, and the big three banks have yet to decide on passing it to variable rates.
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