ECB's Nagel: April Rate Hike Is an Option, But Not a Certainty

European Central Bank (ECB) Governing Council member Joachim Nagel stated that a rate hike in April is a possibility, but not a certainty. According to Jin10, Nagel emphasized that while an increase in interest rates is on the table, it remains just one of several options being considered by the ECB. The decision will depend on economic data and the overall financial situation in the Eurozone. Nagel's comments highlight the ECB's cautious approach to monetary policy amid ongoing economic uncertainties.