ECB President Lagarde (Q&A) says that by June, ECB will have a lot more information to see whether we are beginning to see second-round effects

Lagarde's comments suggest a significant shift in the ECB's assessment timeline, hinting that by June, they may have clearer insights into inflation dynamics and potential second-round effects. This could imply a more data-driven approach to policy decisions ahead, impacting both rate expectations and the broader eurozone outlook. Traders should watch for how this shapes market sentiment around the euro and fixed income markets leading into that timeline.