
Exclusive: ECB Insider: Even a Negative May HICP Surprise Might Not Derail a June Rate Cut
By David Barwick – FRANKFURT (Econostream) – Even a very poor spot euro area inflation reading this month would not necessarily dissuade the European Central Bank’s Governing Council from going through with the 25bp rate cut that has been amply signalled for its June meeting, in the view of a Eurosystem insider who spoke to Econostream recently.
14 May 2024