ECB's Lane Favors Interest Rate Hike at May Meeting

The transcript discusses the upcoming decision on interest rate hikes, emphasizing the importance of incoming data over the next two weeks. It highlights the easing of previous economic tensions and the reversal of negative supply shocks. Key data points such as inflation numbers, GDP, and the bank lending survey will influence the decision. The speaker maintains a baseline expectation for a rate hike in May but will finalize the decision after reviewing the data.

What factors are mentioned that could influence the decision on interest rates in the upcoming meeting?

How does the speaker describe the current state of the banking sector and its impact on decision-making?

What is the baseline expectation regarding interest rates for May as stated in the text?

What specific data points are anticipated to be released before the meeting?

What is the significance of the bank lending survey mentioned in the text?