(Bloomberg) European stocks retreated for a second day as dialed-down bets for Federal Reserve policy easing weighed on risk sentiment.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’China Unveils Broad Rescue Package to Prop Up Housing MarketThe Stoxx 600 fell 0.2% after sna
European Stocks Edge Lower on Downsized Rate Bets: Markets Wrap
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ECB grows more confident about cutting rates, policymakers say | Hellenic Shipping News Worldwide
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The European Central Bank is growing more confident about cutting interest rates as euro zone inflation continues to ease, three ECB policymakers said on Monday. ECB policymakers Philip Lane, Gediminas Simkus and Boris Vujcic said separately that the latest inflation and growth data cemented their belief that inflation will head back to the central bank's 2% target by the middle of next year. Euro zone inflation stood at 2.4% in April and a crucial indicator of underlying price pressures slowed while the economy staged a small rebound.