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24th Jul 2024 10:25EurozoneDaily Monitor

  • Plunging French and German business confidence raises the probability of a rate cut in September… 
  • …but we’re sceptical whether these data should be trusted as reliable leading indicators for Q3 GDP. 
  • Our index of the credit impulse, M1 growth and credit standards points to stronger EZ GDP growth.

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Keywords for: 26 July 2024 Eurozone Monitor

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