[ECB Governing Council Member Nagel: Rate Hike May Be Considered as Early as April if Inflation Outlook Worsens] Jin10 News, March 20 – ECB Governing Council Member Nagel stated that if the Iran war leads to further price pressures, the European Central Bank may need to consider raising interest rates as early as next month. 'Given the current situation, it is conceivable that the medium-term inflation outlook could worsen, and inflation expectations may continue to rise, which would mean that a tighter monetary policy stance might be necessary,' he said on Friday. The German central bank governor added, 'More reliable data on this is expected before the ECB Governing Council meeting in six weeks.' He recalled the last price surge triggered by the 2022 Russia-Ukraine conflict, saying that the experience from that time 'will play an important role in this situation,' although the ECB now finds itself in a more favorable position.