ECB Holds Rates Steady and Signals Potential June Hike
The ECB kept rates steady on Thursday but warned of rising inflation risks. President Lagarde signaled a potential June hike while citing energy price concerns.
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The European Central Bank (ECB) held interest rates steady on April 30 but signaled a potential hike in June to combat rising inflation. It marks a shift toward tightening as ECB President Christine Lagarde cited upside risks to consumer prices. Investors are now pricing in multiple rate increases this year, impacting the EUR/USD and broader euro area bond markets.
