Officials on the bank’s governing council are backing cutting rates from June, with some leaving the door open to reductions from April
Economy To cut or not to cut: ECB governors on when to slash interest rates
Momentum is building for the June interest-rate cut that European Central Bank President Christine Lagarde flagged on Thursday. Speaking a day after she stressed that additional data are needed before monetary easing can begin, and that “we will know a lot more in June,” policymakers echoed that prospect. A few, though, suggested a swifter move in April shouldn’t be completely ruled out.
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