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5th Mar 2025 09:39EurozoneDaily Monitor

  • The ECB is playing it safe; trade uncertainty outweighs upside risks from fiscal stimulus, for now. 
  • April is wide open, but the ECB will pause its easing unless it perceives US tariffs on a sustained basis. 
  • The ECB has pushed out the point at which inflation hits 2%; it will soon have to abandon the idea entirely.

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Keywords for: 7 March 2025 Eurozone Monitor

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