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
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.
UK Europe Minister Nick Thomas-Symonds is expected to offer an update on the state of play in negotiations; EU Trade Chief Sefcovic, and European Parliament President Roberta Metsola, will also provide keynotes, reports Politico
ECB’s Demarco says policymakers must be patient on rate decisions, but warns an adverse scenario could materialise; adverse scenario could require two rate hikes; longer-term inflation expectations anchored
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
Australia says it secures 100mln litres extra of diesel from Brunei and South Korea
Israeli media citing informed sources state that a ceasefire in Lebanon will not happen soon despite Trump's statements
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Says:
- No hard evidence of second-round effects of inflation.
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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