joining us now is jane foley, head of foreign exchange strategy at rabobank. , no rate cut, as expected, but some hints there as to when they might be coming? we are inching closer to two members of that nine member committee voting for a cut. of that nine member committee voting fora cut. . v of that nine member committee voting fora cut. . �*, .,, for a cut. that's right, there was definitely a _ for a cut. that's right, there was definitely a tone _ for a cut. that's right, there was definitely a tone of— for a cut. that's right, there was definitely a tone of optimism - for a cut. that's right, there was definitely a tone of optimism in | definitely a tone of optimism in this meeting that we perhaps haven't seen before, at least not for some years, so we are inching closer, but the very fact that the governor said that next month was not a fait accompli was actually quite encouraging, but it is really not... next month. he said it will be data —dependent. it is quite likely that we might have to wait until august, thatis we might have to wait until august,

shane foley, thank you forjoining us. ——jane.om the next government? alex hall—chen is a policy advisor at the bosses�* lobby group, the institute of directors. thank you forjoining us. there have long been calls to plug the skills gap, aid apprenticeships and raise employability skills. the question is can those reforms be delivered? you are absolutely right that skill shortages are a top issue for uk businesses. polly shows business leaders side skill shortages is having an impact. whoever forms the next government we hope will make this a key priority area. we are some relatively easy wins that a government can implement into this area, for example establishing an independent body to produce a list of current and future skills needs so we can use the tax system to incentivise businesses to up skill in those areas. what else are your members looking out for over the next 6 weeks? what will they be looking for in these party's manifestoes. to reignite the uk growth and just by tackling the key issues. we mentioned skills, and ot

jane foley of rabobank joins us for more. june looks done. july is where the fight will be. hould we expect? jane: if they do not go in july i think there is a chance they will go twice more before the end of the year. possible they could pause, it is very data dependent. we are looking at a fairly dovish ecb between now and the end of the year. inflation data is more or less beginning to behave. i think a softened euro is something that will worried the ecb not too much in this environment as long as inflation remains close to the 2% level. jonathan: when you say data dependent, what data are they dependent on? jane: the inflation data, but they have their eyes further afield. oil prices are watching supply-side issues. will that be affected by the suez canal? so far so good. if that remains the pace they will begin to relax more about inflation risks into the end of the year. at this point we have to recognize one of the big differences between the eurozone and the u.s. is growth is very weak and has been weak for years. from that point of view there is a need for growth, p

[laughter] lisa: coming up on tuesday, jane foley, michael purves.ful weekend. annemarie, danny, -- dani, you can report back. annmarie: and tsa. you have to have both. lisa: you basically walk in, here i am. this is bloomberg. ♪ >> from new york city, i'm katie greifeld in for matt miller. you take a look at the s&p 500, trying to rebound from yesterday's losses, but still on track for a weekly decline. the countdown to the open starts right now. coming up, features edging higher as stock split with their first weekly decline since april. another equity strategist founds the alarm all another economist pushes back there rat