May 27 (Reuters) – The European Central Bank has room to cut interest rates as inflation slows but must take its time in easing policy, even if the direction of travel is already clear, key policymakers said on Monday.
The ECB has all but promised a rate cut for June 6, so the debate has shifted to subsequent moves and the speed at which they come, and markets have dialled back their expectations to bet on just one more cut this year.
Source: REUTER
