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23rd Oct 2024 08:15EurozoneDaily Monitor

  • The EZ PMI barely budged in October and is consistent with slower GDP growth in Q4… 
  • ...But we think growth will remain solid despite agreeing with the PMI about a slowdown in France. 
  • Markets are trying to pull the ECB towards a 50bp rate cut in December; we still see 25bp.

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Keywords for: 25 October 2024 Eurozone Monitor

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