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7th Oct 2024 11:31EurozoneDaily Monitor

  • Comments from BdF Governor François Villeroy de Galhau all but guarantee a 25bp rate cut this month. 
  • EZ rate expectations and bond yields are too low relative to the medium-term outlook for inflation. 
  • We’ve lowered our bond yield forecasts, but still see bear-steepening of the yield curve next year. 

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Keywords for: 8 October 2024 Eurozone Monitor

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