PREVIEW: ECB To Cut Rates In June, Leaving the Door Open to More Easing, Without Pre-Committing

In this paper we discuss:

• The state of the eurozone economy, which showed resilience in Q1 2025; 
• The rate cut we expect the ECB to deliver in June, and the possible moves in coming months; 
• The expected downward revision to the growth and inflation outlook; and
• The market reaction focused on Lagarde’s press conference. 

Download PDF: ECB Preview June 2025