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14th Oct 2024 10:26EurozoneDaily Monitor

  • EZ corporate profit margins are falling rapidly, underpinning continued ECB policy easing. 
  • A decline in work-hours since Covid partly explains labour-hoarding in the Eurozone… 
  • …But fears of labour shortages when the cycle rebounds and no recession are likely bigger drivers.

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Keywords for: 15 October 2024 Eurozone Monitor

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