ECB President Christine Lagarde stated that a majority of policymakers were previously prepared to raise interest rates in April. This hawkish signal may intensify market expectations for further monetary tightening in the eurozone.
According to Jinshi, European Central Bank President Christine Lagarde said that most policymakers had been prepared to raise interest rates in April. The remark points to a strong consensus within the ECB for further monetary tightening amid persistent inflationary pressures. The market may now increase bets on an April rate hike, potentially impacting the euro exchange rate and risk asset pricing.
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