Analysis-Case growing for summer pause in ECB easing cycle
FRANKFURT (Reuters) -The European Central Bank is expected to cut interest rates once again in June but the case is growing for a pause beyond that as the economy is holding up better than feared and an inflation challenge is starting to creep up on the horizon. The ECB has been easing policy quickly for the past year as runaway consumer inflation is now largely tamed and focus has shifted to anaemic economic growth, exacerbated by a global trade war, erratic U.S. policy and deeply rooted inefficiencies at home. The ECB's seven rate cuts in its last eight meetings have given the economy some breathing space and policymakers must now reconcile a divergence between the shorter and longer term outlook.
Reuters
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1 hour ago
