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16th Dec 2022 16:19Eurozone, Daily Monitor

  • Tighter-for-longer ECB policy leads us to downgrade our GDP estimates, through 2024.
  • We now look for GDP growth of 0.5% in 2023 and 1.5% in 2024, both are 0.3pp lower than previously.
  • Economic growth should pick up in 2025, as the ECB will now also likely cut rates further in 2024.

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Keywords for: 20 Dec 2022 Eurozone Monitor

ECB, ecb policy, ez gdp, gdp growth, policy, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence