Reuters
The European Central Bank will be in position to discuss an interest rate cut in June, Vice President Luis de Guindos said on Tuesday, joining a long list of policymakers putting the June 6 meeting on the table for a potential start of policy easing. ECB President Christine Lagarde earlier this month said the bank was just beginning to discuss whether to dial back interest rates given a comforting fall in inflation and policymakers on both the hawkish and dovish side of the spectrum have endorsed that timeline. Market investors are somewhat sceptical, however, and a cut is fully priced in only by July as concerns are growing that the U.S. Federal Reserve could delay its initial move and the ECB would be hesitant to move on its own.