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30th Apr 2024 17:44EurozoneDaily Monitor

  • Real rates are still rising sharply in the Eurozone; it makes sense for the ECB to cut rates soon.
  • Bonds are not priced for the ECB deposit rate to stay at 4%; if they were, yields would be a lot higher.
  • What are the ECB’s assumptions for rates underlying its inflation forecasts? Answers on a postcard…

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Keywords for: 2 May 2024 Eurozone Monitor

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