1 May 2024 Eurozone Monitor Higher GDP won't impede first rate cut in June, as core inflation falls
29th Apr 2024 15:53EurozoneDaily Monitor
- EZ core inflation fell further in April; the June rate cut looks safe, but July’s is hanging in the balance.
- EZ GDP rose by 0.3% in Q1, in line with our forecast; country data suggest net trade was the main boost.
- Southern economies did the heavy lifting, again, and likely will continue to outperform this year.
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