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16th Jan 2025 19:15EurozoneWeekly Monitor

  •     Upside risks are building for EZ energy inflation in January due to rising oil prices and one-off effects.
  •     Our Q1 core inflation forecasts are lower than the ECB’s, but we’re in line on the headline.
  •     We still see three more 25bp rate cuts this year, but risks are now tilted towards two.

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Keywords for: 20 January 2025 EZ Monitor

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