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European Central Bank (ECB) officials, including Lane, Knot, and De Guindos, are considering potential rate cuts in June based on inflation and economic data. Lane emphasizes the need to watch services inflation and expects decisions in September and December to be aided by new projections and data. Knot anticipates further rate cuts in September and December. Bank of England is also expected to cut rates, with economists predicting a 50 bps reduction in Q3.
⚠️ ECB READY IN JUNE TO DISCUSS RATE CUTS, DE GUINDOS SAYS Full Story → https://t.co/K7T0U2HIFw The European Central Bank will be in position to discuss an interest rate cut in June, Vice President Luis de Guindos said on Tuesday, joining a long list of policymakers putting… https://t.co/vSocjW94Cg
ECB’s Centeno says cutting interest rates may help prevent a recession https://t.co/owNJqqLVGR via @joaomlima1 https://t.co/fS6LE5n240
🔴 ECB'S CENTENO: CUTTING RATES MAY HELP PREVENT A RECESSION.
