European Central Bank President Christine Lagarde hints at a rate cut in June

On May 22, European Central Bank President Christine Lagarde hinted that interest rates could be cut next month as rapid growth in consumer prices is now largely contained. If the data we receive reinforces our confidence that we will achieve 2% inflation in the medium term, then the ECB is likely to cut interest rates on June 6. "I am very confident that we have inflation under control," she said. "Our forecasts for next year and the year after are very, very close to target, if not on target. So, I believe we have entered a stage where we can control inflation." At present, members of the ECB Governing Council have refused to commit to a certain path for interest rates, and Lagarde has also expressed the same opinion. However, many of them said that the market's bet on a rate cut may be similar to their own.