ECB consensus builds for June rate cut but no appetite for big move, sources say

WASHINGTON (Reuters) -European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there is little to no appetite for a big move, six sources told Reuters. ECB governors gathering in Washington for the International Monetary Fund and World Bank's Spring Meetings took stock of a weakening economy in the euro zone and around the world as uncertainty from tariffs imposed by U.S. President Donald Trump puts a dampener on investment. Data out of the euro zone also showed business growth stalling this month and pay hikes expected to ease considerably.