index was up 0.1% in early deals, with most sectors trading in the green. Chemicals stocks gained 0.4% while health care fell 0.4%.
"Thanks to this disinflationary process, inflation is converging to our 2% target in a sustained way, and the time is thus ripe in June to ease the monetary policy stance and start cutting rates,","Barring major surprises, at this point in time there is enough in what we see to remove the top level of restriction."
The U.K.'s FTSE 100 was last seen opening 7 points lower at 8,327 points, France's CAC 40 up 17 points at 8,126, Germany's DAX up 20 points at 18,780 and Italy's FTSE MIB up 57 points at 34,899, according to IG data.CNBC Pro: Nvidia and more: Citi names its global stock picks to play the semiconductor boom
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