ECB’s Guindos Says June Cut Looks Like Set Deal If No Surprises

-- The European Central Bank is on course to lower interest rates at its June meeting, according to Vice President Luis de Guindos.“If things move in the same direction as they have in recent weeks, we will loosen our restrictive monetary policy stance in June,” he told Le Monde in an interview published Tuesday. “Assuming there are no surprises between now and then, as you say in French, it’s a ‘fait accompli’.”Guindos’s comments are in line with the general consensus on the start of easing.

“What the Federal Reserve decides is crucial not only for the United States, but also for the global economy, which also affects the euro area.” “The leading indicators in Europe point to a modest recovery in the second half of 2024. But we will have a growth rate of less than 1%, below our potential, which is a very low outcome.”What Really Happens When You Trade In an iPhone at the Apple StoreTrump Media's DJT stock price has plunged since its SPAC merger. And it's probably going to get worse once Trump himself can sell shares.

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