Pantheon Macroeconomics

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16th Mar 2023 16:40Eurozone, Daily Monitor

  • The ECB held its nerve today, but financial market stability is a key part of its reaction function in Q2.
  • Markets seem to believe the ECB is now almost done raising rates; we still see 75bp worth of hikes in Q2.
  • The ECB's new core inflation forecasts for 2023 are too low; another upgrade is coming in June.

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Keywords for: 17 Mar 2023 Eurozone Monitor

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