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19th Sep 2023 17:36Eurozone, Daily Monitor

  • Headline and core inflation in the Eurozone remained sticky in August; they will fall back in September.
  • Rising oil prices are only a minor threat to energy inflation at this point; don’t push the panic button.
  • The ECB story is shifting; all eyes are now on the outlook for rate cuts in 2024; we still see two.

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Keywords for: 20 September 2023 Eurozone Monitor

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