ECB’s Villeroy: June rate cut is a done deal barring any surprises

  • Should not commit to anything for July
  • ECB wants to keep freedom on timing and pace of policy moves
  • There is significant room for rate cuts
  • Personally, services inflation matters more than wages

It pretty much sums up what we already know. I shared some thoughts on the matter here earlier.

This article was written by Justin Low at Source