Pantheon Macroeconomics

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  • Our spot forecasts for EZ GDP have outperformed the consensus and the ECB so far this year…
  •  …We have improved our EZ inflation forecasts by incorporating our new energy model. 
  • We misjudged the dovishness of the new SNB Chairman, affecting our forecasting track record.

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Keywords for: 16 December 2025 Eurozone Monitor

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