ECB’s de Guindos says ready to discuss rate cut in June

  • We haven’t yet discussed anything about future rate moves
  • We need to gather more information
  • We are data-dependent
  • Evolution of wages is key
  • In June, we will have our new projections and we will be ready to discuss this

That is not to mention that they will also the Q1 negotiated wages data some time in late May. That will be another crucial piece of data to pay attention to.

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