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17th Jun 2024 17:42EurozoneDaily Monitor

  • Inflation in the Eurozone was uncomfortably hot in May, but 2% over the summer is still a good bet. 
  • Surveys signal downward risks for services inflation, but sports events are upside risks over the summer. 
  • We think the ECB will cut its policy rate by 25bp in September, December and March.

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Keywords for: 19 June 2024 Eurozone Monitor

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