Draghi Said Ready to Keep Rate-Cut Option Even After June

Mario Draghi is likely to signal that any interest-rate cut this week won’t necessarily be the final one, according to two euro-area central bank officials.

The European Central Bank president will probably reiterate his commitment to keep borrowing costs at present or lower levels, the people said, asking not to be identified because the talks aren’t public. While a final decision won’t be made until tomorrow, policy makers are debating a cut of 10 or 15 basis points in both the benchmark and deposit rates, the people said.