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5th Jun 2024 15:31EurozoneDaily Monitor

  • The ECB professes allegiance to data-dependency, but a September cut is now a bit more likely. 
  • We see two more 25bp cuts, in September and December, with risks tilted towards a third, in March. 
  • For the first time since hiking, the ECB seems confident that wage growth is, in fact, slowing.

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Keywords for: 7 June 2024 Eurozone Monitor

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