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16th Apr 2024 17:48EurozoneDaily Monitor

  • Rising energy inflation is a threat to the June rate cut, but we think falling core inflation will do the trick.
  • The early Easter sustained services inflation in March, due to a leap in airfares; it will fall in April.
  • Our forecast for a July rate cut is now hanging by a thread; we’ll update our view with the April HICP.

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Keywords for: 18 April 2024 Eurozone Monitor

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