ECB's Villeroy: April hike premature, no rush to act

Remarks from the ECB policymaker, Francois Villeroy Focus on April hike is prematureThe ECB would have no hesitation to act if and when necessaryThere's no rush to act at the momentThere's no predetermined rate pathThe ECB will need critical mass of data before actingOur vigilance is first and foremost on the risk of persistent inflationUnderlying inflation is still… Focus on April hike is premature The ECB would have no hesitation to act if and when necessary There's no rush to act at the moment There's no predetermined rate path The ECB will need critical mas... Focus on April hike is premature The ECB would have no hesitation to act if and when necessary There's no rush to act at the moment There's no predetermined rate path The ECB will need critical mass of data before acting Our vigilance is first and foremost on the risk of persistent inflation Underlying inflation is still close to target ECB's Villeroy reiterated that focusing on a potential interest rate… 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.