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29th Aug 2024 09:28EurozoneUK, Weekly Monitor

  • EZ inflation fell to its lowest since July 2021 in August, marginally above the ECB’s target...
  • ...The Bank will find it hard to justify its current restrictive stance, especially with wage growth easing.
  • We think a September rate cut is more likely than not and keep our October cut in too, for now.

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Keywords for: 2 September 2024 EZ Monitor

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