ECB’s de Cos: We could start cutting rates in June but it is conditional on the data

• Risks to inflation outlook are balanced
• But risks to growth projections are clearly to the downside

Barring any shocks or surprises in the data, a June rate cut should be a given for the ECB. The rates market shows that traders are pricing in ~70% odds of that at the moment.

This article was written by Justin Low at www.forexlive.com. Source