ECB ready to start cutting interest rates, chief economist says

The European Central Bank will likely cut interest rates from historic highs at its meeting on June 6th and, and in an interview with the Financial Times on Monday, its chief economist, Philip Lane, brushed off fears that doing so before the U.S. Federal Reserve could backfire.

ECB ready to start cutting interest rates, chief economist says
The European Central Bank will likely cut interest rates from historic highs at its meeting on June 6th and, and in an interview with the Financial Times on Monday, its chief economist, Philip Lane, brushed off fears that doing so before the U.S. Federal Reserve could backfire.