Reported 1 day ago
European Central Bank officials are increasingly leaning towards a rate cut in June due to decreasing inflation, but there is reluctance to implement a significant change, according to sources. At the IMF and World Bank Spring Meetings, policymakers noted the weak euro zone economy and the potential impacts of U.S. tariffs on investment. While a minor cut seems likely, a drastic 50-basis-point reduction is viewed as unnecessary and could alarm markets.
Source: YAHOO