ECB policymaker Radev: It is too early to say if a rate hike is needed for this month

The likelihood of adverse inflation scenario is increasingInflation expectations may shift faster due to memory of price surge after the Russia-Ukraine conflictECB must be ready to act if signs of inflation persistence emergeBut it is too early to say if a rate hike is needed on 30 April for nowInflation expectations are well anchored for the time being… The likelihood of adverse inflation scenario is increasing Inflation expectations may shift faster due to memory of price surge after the Russia-Ukraine conflict ECB must be ready to act if signs o... The likelihood of adverse inflation scenario is increasing Inflation expectations may shift faster due to memory of price surge after the Russia-Ukraine conflict ECB must be ready to act if signs of inflation persistence emerge But it is too early to say if a rate hike is needed on 30 April for now Inflation expectations are well anchored for the time being, second-round impact not yet visible The comments lean… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.