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ECB Holds Rates, Cites Iran Conflict and Energy Risks

4/23/2026

45 8 Full Breakdown

Summary

Story summary

ECB officials said the bank will keep rates unchanged at its April 30 meeting.
Greek Governor Yannis Stournaras and Lithuanian Governor Gediminas Simkus urged waiting on any rate increase.
ECB President Christine Lagarde and chief economist Philip Lane said the Iran conflict and energy spillovers cloud inflation outlook.
Traders see a 22% chance of an April hike and a 68% chance of a June move.

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Story summary

ECB officials said the bank will keep rates unchanged at its April 30 meeting.
Greek Governor Yannis Stournaras and Lithuanian Governor Gediminas Simkus urged waiting on any rate increase.
ECB President Christine Lagarde and chief economist Philip Lane said the Iran conflict and energy spillovers cloud inflation outlook.
Traders see a 22% chance of an April hike and a 68% chance of a June move.