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21st May 2024 17:31EurozoneDaily Monitor

  • Is the idea of a July rate cut sinking without a trace? Isabel Schnabel seems to think so.
  • Today’s Q1 negotiated wage growth data are a wild card; one-offs in Germany are the main upside risk.
  • We agree with Ms. Schnabel’s assessment that the natural rate has increased, at least temporarily.

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Keywords for: 23 May 2024 Eurozone Monitor

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