ECB's Muller says rate move at April meeting still cannot be ruled out, adds may not have all the data this month to determine if interest rates will have to be raised to tame an inflation surge and June meeting will offer greater body of information
Says:
- No hard evidence of second-round effects of inflation.
Context
Muller's comments suggest that the ECB is still keeping options open for a potential rate hike in April, indicating that inflation pressures remain a concern. The emphasis on awaiting more data signals that while there's no immediate shift in outlook, future decisions will hinge on upcoming inflation trends, affecting both fixed income and euro markets.
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