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6th Nov 2025 19:09EurozoneWeekly Monitor
  • Swiss GDP is likely to have fallen outright in Q3, as US trade tariffs were hiked and unemployment rose.
  • The ECB wage tracker implies EZ wage growth eased in Q3 and will slow further out to mid-2026.
  • The ECB is not about to end QT, like the Fed; we expect a continued steady run-off, for now.

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Keywords for: 10 November 2025 Eurozone Monitor

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