ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll

BENGALURU  – The European Central Bank will almost certainly add 25 basis points to its deposit rate on May 4 and then take it to 3.5 percent or higher in June as core inflation remains persistently high, according to economists polled by Reuters. Euro zone headline inflation moderated further last month but remained over three … Continue reading ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll