ECB Rate Hike Uncertain for April 30

ECB policymaker Olli Rehn said a rate hike at the April 30 meeting is not guaranteed, citing ongoing Middle East conflict.
Rehn warned headline inflation will rise this year, but the war’s medium‑term impact on inflation remains unclear.
He noted the war’s effects differ across euro area, with Finland facing a moderated impact due to faster energy transition.
Rehn stressed that slowing Europe’s green transition now would be a serious mistake for resilience and competitiveness.