Central Banks
ECB Officials Back June Cut With Some Keeping Door Open to April
- Eight policymakers speak day after ECB leaves rates unchanged
- Lagarde had signaled easing may begin at the June meeting
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Momentum is building for the June interest-rate cut that European Central Bank President Christine Lagarde flagged on Thursday.
Speaking a day after she stressed that additional data are needed before monetary easing can begin, and that “we will know a lot more in June,” policymakers echoed that prospect. A few, though, suggested a swifter move in April shouldn’t be completely ruled out.