24 Aug 2022 Eurozone Monitor Deepening Downturn won't Deter Further ECB Rate Hikes this Year
23rd Aug 2022 14:40Eurozone, Daily Monitor
The slide in the Composite PMI to an 18-month low now points to downside risks to our Q3 GDP call.
The steep decline in demand and easing hiring intentions suggest the worst is yet to come.
The fall in the EURUSD will catch the ECB’s attention, but will have little impact on core inflation.
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