It is said that the European Central Bank is generally inclined to support another interest rate cut in June

According to sources, the European Central Bank's decision-makers are increasingly confident that they will cut interest rates in June in response to the continued decline in inflation, but they will not make a significant cut. Last week, a number of ECB management committees attended the spring annual meetings of the international monetary fund (IMF) and the World Bank, and talked about the possible deterioration of the euro zone and global economy due to US tariffs. At the same time, the latest economic data released by the euro zone also reflected the phenomenon. As for inflation, there is no sign of worsening due to tariffs for the time being. According to sources, more ECB management committees believe that it is more appropriate to make the eighth consecutive 0.25% interest rate cut when the interest rate is discussed on June 4. The ECB will also release the latest economic forecast on the same day. However, ECB officials remain open-minded and will not make a final decision until data is released next month.