ECB’s Muller: We are closer to the point to start cutting rates

  • Data may confirm inflation trend going into June meeting

As mentioned before, the ECB is waiting on wages data that will be released later in May before firming up any language on a rate cut in June. Until then, one can expect them to stick with the current narrative for the time being. Carry on as you will.

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