ECB Holds 2.25% as some policymakers weigh a further hike amid energy shocks

The European Central Bank kept its main rate at 2.25% but some Governing Council members debated whether to raise borrowing costs amid a renewed surge in oil prices; Lagarde said the decision was unanimous yet uncertainty remains and policy will stay data‑dependent as energy shocks feed inflation, with markets pricing further hikes and the ECB forecasting inflation peaking around 3.4% later this year.