18 April 2024 Eurozone Monitor EZ energy inflation is rising, but services inflation will soon roll over
16th Apr 2024 17:48Eurozone, Daily Monitor
- Rising energy inflation is a threat to the June rate cut, but we think falling core inflation will do the trick.
- The early Easter sustained services inflation in March, due to a leap in airfares; it will fall in April.
- Our forecast for a July rate cut is now hanging by a thread; we’ll update our view with the April HICP.
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