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20th Jul 2023 18:00Eurozone, Weekly Monitor

  • The ECB will hike by 25bp this week, and we see a 25bp hike in September too; the consensus agrees.
  • The inflation data between now and September will be dovish, but the wage data will be hawkish.
  • What is the ECB seeing in unit labour cost data? Ms. Lagarde should explain in more detail this week.

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Keywords for: 24 July 2023 Eurozone Monitor

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