ECB April Meeting: Are ‘Insurance Hikes’ Now on the Table?

The ECB April meeting on April 29 puts ECB rate hike possibilities in sharp focus. More precisely, officials weigh “insurance hikes” to counter eurozone inflation risks. Surging oil prices from the Iran conflict have already pushed headline inflation to 2.5% in March. Policymakers kept rates steady last month but now call their baseline scenario outdated. […]