ECB Expected to Hike Interest Rates Again Amid Ongoing Inflation Concerns

The European Central Bank (ECB) is poised to increase interest rates for the second time as it continues to grapple with high inflation. The bank's monetary policy meeting concluded on Thursday, September 9, 2026, and markets had widely expected a 25 basis point hike in response to rising energy prices.

The ECB's decision will lead to higher mortgage rates for Irish customers when the increase filters through the system. Despite the anticipated rate hike, some analysts may still be cautious about the potential impact on economic growth.