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ECB policymakers focus on June for first rate cut
European Central Bank policymakers have started contemplating interest rate cuts and most of the public commentary points to an initial move in June, to be followed by further steps later this year. The following is a compilation of key policymaker quotes on the timing of the ECB’s next rate change. Luis de Guindos, ECB Vice President, March 19 “We haven’t yet discussed anything about future rate moves. We need to gather more information. In June we will also have our new projections and we will be ready to discuss this.” Klaas Knot, Dutch central bank Governor, March 14 “Personally I pencilled in June for ... (full story)