Overview
- ECB Vice‑President Luis de Guindos said Tuesday the bank must keep a cool head and wait for evidence that pricier oil and gas are feeding into broader prices.
- Christine Lagarde said Monday the energy shock has not reached the ECB’s adverse scenario and that policymakers need more data before changing interest rates.
- Japan’s central bank is widely expected to keep its policy rate near 0.75% at the April 27–28 meeting, with officials prepared to consider a hike by June if inflation stays firm.
- Eurozone inflation has edged higher on headline readings to about 2.6% with core near 2.3%, while growth forecasts sit near 0.9%, creating a tougher trade‑off for rate‑setters.
- Prediction and rate‑odds markets show very low chances of big moves by either central bank this month, though the displayed probabilities come from thin trading that can shift quickly.