FRANKFURT, June 6 (Reuters) – European Central Bank governors see a further interest-rate cut in July as unlikely after some stronger-than-expected economic data, with the focus now on their September meeting, five sources told Reuters.
An ECB spokesperson declined to comment for this story.
The ECB went ahead with its first reduction in borrowing costs since 2019 on Thursday, citing progress in tackling inflation even as it acknowledged price growth was likely to stay above its target for another year.
Source: REUTER
