ECB’s Rehn: The time is ripe to start cutting rates in June

  • 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 Source