ECB’s Villeroy: It is more likely a rate cut will happen in June than in April

  • A spring rate cut remains probable
  • We remain vigilant on the inflation front but victory is within sight
  • We are winning the battle against inflation

As they tee up the first rate cut in the next few months, they have to start sounding a little more confident. And Villeroy is certainly showing that with his remarks above. As at time of writing, a June move is ~94% priced in.

This article was written by Justin Low at Source