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22nd Apr 2024 17:45Eurozone, Daily Monitor

  • The jump in US rate expectations is not needed to explain the similar repricing in EZ expectations.
  • We expect bond yields in Germany to drift lower in the near term as the ECB starts cutting rates...
  • ...But we still see an increase next year as the policy rate settles above neutral and inflation risks return.

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Keywords for: 23 April 2024 Eurozone Monitor

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