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11th Mar 2024 09:20Eurozone, Daily Monitor

  • Comments from ECB policymakers are keeping hopes of an April rate cut alive, but we still see June.
  • The bar is high for the March HICP to deliver a down- side surprise big enough for the ECB to cut in April.
  • We think bond yields will drift lower over the summer, before an inflection point in late Q3.

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Keywords for: 12 March 2024 Eurozone Monitor

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