If the macroeconomic assessment
in June confirms an inflation convergence toward the European Central Bank's
(ECB) target, key rates could be lowered in June, European Central Bank
(ECB) policymaker Olli Rehn said on Tuesday. Rehn added
that future rate decisions will ensure that policy rates will stay
sufficiently restrictive as long as necessary and noted that rate cut
assumes there will be no further setbacks, for instance in the geopolitics and
energy prices.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.
