European Central Bank Unlikely to Raise Rates in April, Sources Say

The European Central Bank (ECB) is unlikely to initiate an interest rate hike in April, according to sources familiar with the matter. According to Jin10, the possibility of a rate increase is more probable in June. However, if the Middle East conflict does not resolve swiftly, discussions on raising rates might need to commence in April. ECB governors believe that the current baseline forecast is outdated.