Forex
globalreutersMay 27, 20241 Mins read
ECB’s Rehn: The time is ripe to start cutting rates in June
globalreutersMay 27, 20241 Mins read - Inflation is converging to 2% target in a sustained way
- The time is ripe in June to ease monetary policy
- This obviously assumes that the disinflationary trend will continue without further setbacks
The message has been consistent and unanimous from the ECB. There will be a rate cut next week but what comes after remains to be seen.
This article was written by Justin Low at www.forexlive.com.
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