ECB’s Šimkus: Last week’s data were as expected

  • GDP and inflation data were as expected; haven’t changed thinking
  • Can afford to reduce restriction
  • Expects other rate cuts beyond June
  • Sees three rate cuts for this year

It just reinforces the point that June is a done deal and that they’re not going to pre-commit to anything after just yet.

This article was written by Justin Low at Source