
ECB sources report: Policymakers wary of April rate hike

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Reuters reports that ECB policymakers are cautious about an interest rate hike in April due to a lack of evidence for second-round effects. Market expectations for an April hike have dropped from 39% to 23%, with a single hike now anticipated in June. The IMF has also revised its Eurozone growth forecast down to 1.1% from 1.3%. Despite these developments, the euro remains stable.
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