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8th Jan 2024 20:27Eurozone, Daily Monitor

  • The small increase in Swiss inflation in December leaves it in line with the SNB’s target...
  • ...Inflation will fall back soon, despite the VAT hike; we look for the Bank to cut its policy rate in March.
  • EZ unemployment will rise, though only marginally; still-low joblessness need not deter ECB rate cuts.

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Keywords for: 10 January 2024 Eurozone Monitor

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