MUFG sees ECB on track for June rate cut, with neutral territory in sight by year-end | Forexlive
MUFG expects the European Central Bank to resume easing in June, arguing that a wide range of disinflationary forces leave little justification for delaying a return to neutral policy settings. The bank anticipates a 25bp cut next month, likely accompanied by a downgrade to the ECB’s official inflation forecasts. euro area inflation now facing well-defined…