ECB Sees No Big Inflation Impacts

European Central Bank policymaker Martins Kazaks stated that the bank has not yet observed significant second-round inflation effects stemming from the recent surge in energy prices. While energy costs remain a factor, their broader impact on inflation appears contained for now. Kazaks indicated that the possibility of an interest rate hike on April 30 cannot be ruled out, suggesting continued vigilance regarding inflation risks. The ECB is closely monitoring economic data to guide its monetary policy decisions, balancing inflation concerns with economic growth.