The European Central Bank (ECB) is likely to cut its key rates by 25 basis points when the governing council meets at the beginning of June, ECB Vice President Luis de Guindos has indicated in an interview published on Thursday. Speaking to the Austrian daily Oberösterreichische Nachrichten, De Guindos said the ECB took a transparent attitude regarding the June 6 monetary policy meeting and was adopting a cautious approach. This indicated a cut of 25 basis points, he said. The rate for fixed rate tenders, the ECB rate for lending to commercial banks in the 20-member eurozone, currently stands …