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11th Sep 2024 17:35EurozoneDaily Monitor

  • The ECB cut by 25bp as expected; an October cut is now a tall order, but a December cut is back on. 
  • The rise in the ECB’s core inflation forecast will prevent the Bank from being mugged by reality in Q4. 
  • Early signs show that the ECB is noticing the sustained weakness in EZ domestic demand.

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Keywords for: 13 September 2024 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence