ECB rate cut looks nailed on after May’s surprise inflation dip - MarketWatch
1. Eurozone HICP dropped to 1.9%, below ECB's 2% target. 2. Expected rate cut to 2% signals weak demand outlook. 3. Softer inflation leads to underestimation of future ECB rate cuts. 4. Strengthening euro against dollar influences ECB policy decisions. 5. U.S.-Europe tariff risks may affect ECB's July meeting decisions.