ECB Signals Potential April Rate Shift as Oil Prices Fuel Inflation Concerns
The European Central Bank may adjust interest rates as soon as April if elevated energy prices persist, according to ECB official Madis Muller. Rate traders show diminished expectations for Fed cuts through 2026, with only 0.2% anticipating rates falling to 3.25-3.5% by year-end. Equity markets rallied to multi-week highs on diplomatic progress hopes despite sustained commodity price pressures.
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