More ECB Officials Appear Ready to Accept an April Rate Pause

Several European Central Bank officials are still wavering on whether to cut interest rates next month, according to people familiar with the matter, suggesting the meeting remains far more open than investors are betting.

Policymakers from across the hawk-dove spectrum are contemplating a pause at the April 17 meeting given heightened uncertainty over US President Donald Trump’s trade policies and Europe’s military-spending surge, said the people, asking not to be identified citing confidential discussions.