
What comes next after the ECB cut rates?
As widely anticipated, the European Central Bank (ECB) cut interest rates by 0.25% at its meeting on 6 June but did not provide any indication of what it will do next. In this Macro Flash Note, Senior Economist GianLuigi Mandruzzato and Economist Sam Jochim look at what can be gleaned from recent comments by members of the Governing Council.