• European Central Bank policymakers continued to make the case for an interest rate cut in June on Tuesday as inflation remains on course to ease back to 2% by next year, even if the path for prices still proves bumpy.
  • “Barring major shocks and surprises, we should decide a first rate cut in early June, followed by others in a pragmatic and agile gradualism,” French central bank chief Francois Villeroy de Galhau said in New York.
  • “Barring major shocks and surprises, we should decide a first rate cut in early June, followed by others in a pragmatic and agile gradualism,” French central bank chief Francois Villeroy de Galhau said in New York.
  • “Subject to no development of additional shock, it will be time to moderate the restrictive monetary policy in reasonably short order,” Lagarde told CNBC. “We are observing a disinflationary process that is moving according to our expectations.”