By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will reduce interest rates next quarter, according to a Reuters poll, with 45% of respondents saying the reduction in borrowing costs would happen in June. The poll, which was released on Thursday, also showed the first ECB rate cut was more likely to occur earlier than expected than later. As inflation moves closer to the ECB’s 2% target, the next move is almost certainly a cut, but the timing is still up for debate. Investors are currently pricing in around 150 basis points of cuts this year, with the first reduction expected in…