June ECB rate cut a done deal, majority expects cuts in Sept, Dec too:

BENGALURU, May 29 (Reuters) – A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further reductions in September and December.

But financial markets are pricing only two ECB rate cuts in total in 2024, a sharp pullback from six expected at the start of the year, presenting an uncommon situation where economic forecasters expect more rate reductions than traders.