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21st Dec 2023 19:19Eurozone, Daily Monitor

  • GDP is likely to rebound from Q1 next year, albeit slowly; consensus expects a quicker recovery. 
  •  Inflation will fall more sharply than the consensus or ECB expects in H1, if we are correct on January…
  •  ...If so, the ECB will cut rates five times next year, starting in March, earlier than consensus expects.

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Keywords for: 22 December 2023 Eurozone Monitor We're Below Consensus on Growth and Inflation; ECB to Cut in March

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