ECB's Simkus says should not raise rates at the April meeting, though cannot rule out one later in the year

Context

The comments from ECB's Simkus are pivotal in suggesting a non-hawkish stance for the upcoming April meeting, indicating no immediate rate hike. However, leaving the door open for potential hikes later in the year implies ongoing vigilance regarding inflation or economic conditions, which could keep markets on edge and affect interest rate expectations across the Eurozone.

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