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21st Nov 2024 18:58EurozoneWeekly Monitor

  • Sinking EZ PMIs bring back speculation about a 50bp rate cut in December; we still see 25bp.
  • Domestic political uncertainty is weighing on French activity; Germany is still stuck in the mud.
  • Long-leading indicators still signal a better near term outlook for growth than the PMIs.

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Keywords for: 25 November 2024 EZ Monitor

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