ECB officials see the possibility of rate hikes at the April meeting, June more likely


The ECB sources reports are starting to cross and this one is hawkish:

  • Discussion over possible rate hikes may need to start in April, unless there is a quick resolution in the Middle East conflict
  • April likely too early for a hike, June more likely
  • Governors consider baseline projections already outdated

EUR/USD challenged the highs of the day on this report.

This article was written by Adam Button at investinglive.com.

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