ECB's Simkus says should not raise rates at the April meeting, though cannot rule out one later in the year
The comments from ECB's Simkus are pivotal in suggesting a non-hawkish stance for the upcoming April meeting, indicating no immediate rate hike.
"The Saudi Al-Arabiya channel reports that Pakistani officials are in constant contact with Iran and are warning it that the hourglass for negotiations is running out", Kan's Kais reports
Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, Reuters reports
ECB's Simkus says should not raise rates at the April meeting, though cannot rule out one later in the year
[CALENDAR ADDITION] US Treasury Secretary Bessent to speak at 15:00BST/10:00EDT, Energy Secretary Wright to speak at 19:30BST/14:30EDT
Otis Worldwide (OTIS) Q1 2026 (USD): adj. EPS 0.89 (exp. 0.90), revenue USD 3.57bln (exp. 3.5bln)
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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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