From Breakingviews - Breakingviews - COMMENTARY: ECB is focusing on the wrong risk of $100 oil ↧ ↧ Breakingviews - COMMENTARY: ECB is focusing on the wrong risk of $1... The central bank raised rates to 2.5% and didn't dispel expectations of ​three more hikes by April. ​Resilient euro zone growth has emboldened ⁠it to keep tightening. Yet ​with workers and firms swallowing the ​pain of high energy costs, a slowdown is a bigger risk than inflation.