May 8, 2024, 2:43 PM
May 6, 2024, 3:03 AM
ECB's Lane Confident Inflation Is Returning to Goal, Interest Rate Cut Likely in June
- European Central Bank Chief Economist Philip Lane is more certain that inflation is returning to the 2% goal.
- Recent euro-area data have raised the likelihood of a first interest-rate cut in June.
- Lane's confidence in inflation returning to goal could lead to an interest rate cut next month.
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