ECB Officials See Possibility of Rate Hike at April Meeting

European Central Bank policymakers would be ready to raise interest rates as soon as their next meeting should fallout from the war in Iran push inflation too far above target, according to people familiar with the situation.

While nothing has been decided yet and a later date may be more appropriate, factors including signs of second-round effects could trigger such a move at the April 29-30 gathering, the people said, asking not to be identified because discussions are confidential.