Alongside Villeroy’s comments earlier here, there seems to be some suggestion that a few members are wanting to make the April meeting a live one. All of this can still be translated into a move in June of course, but they could’ve just built on Lagarde’s comments yesterday instead. I still think that most members would want to wait on wages data in May. However, perhaps they may want to start discussing the notion of rate cuts as early as next month.
This article was written by Justin Low at www.forexlive.com. Source