The European Central Bank headquarters.
Daniel Roland | Afp | Getty Images
The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from oil markets amid the Israel-Hamas war.
The key rate is set to remain at a record high of 4%, where it was brought through 10 consecutive hikes that began in July 2022 and pushed rates back into positive territory for the first time since 2011.
The…