Sources: ECB officials are worried that “inflation expectations are becoming deanchored” – Bloomberg

Bloomberg quoted officials familiar with the matter, as saying that the staff at the European Central Bank (ECB) are worried that “inflation expectations are becoming deanchored”.

Meanwhile, on Sunday, Reuters carried a report, stating: “Two sources familiar with the ECB’s policy discussions said a rate cut was firmly in play if the bloc’s economy was to stagnate again after expanding by 0.4% in the first quarter of the year.”