ECB’s Simkus Says Too Early to Call Outcome of April’s Meeting

It’s premature to say what the European Central Bank should do at next month’s interest-rate meeting as the situation around the Iran war is moving by the day, according to Governing Council member Gediminas Simkus.

For now, “caution is needed,” the Lithuanian central-bank chief said Thursday, echoing many of his colleagues who say they’re ready to act but will wait for clear signs in the data that they must do so.