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

Highlights
  • 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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