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2nd Apr 2025 09:39EurozoneDaily Monitor

  • Look through the noise to see a relatively modest US tariff package for the EU, all things considered. 
  • An ECB rate cut later this month is now fully priced in, but we still think the Bank will hold fire. 
  • The SNB can hold off from further rate cuts for now, despite the likely hit to growth from the US tariff hike.

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Keywords for: 4 April 2025 Eurozone Monitor

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