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2nd Jul 2024 16:52EurozoneDaily Monitor

  • ECB President Lagarde struck a somewhat hawkish tone in her Sintra speeches… 
  • ...But the main message from ECB speakers is that more rate cuts are on the way, data permitting. 
  • Overall, the Sintra conference left no mark on market-based and consensus rate expectations.

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Keywords for: 4 July 2024 Eurozone Monitor

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