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24th Jan 2024 19:38Eurozone, Daily Monitor

  • The ECB left all its policy settings unchanged yesterday, as everyone expected it to.
  • President Lagarde stuck to the line that a spring rate cut is unlikely but didn’t explicitly push back on it...
  • ...Data next week will, we think, give the Bank the confidence it needs to cut rates first in March.

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Keywords for: 26 January 2024 Eurozone Monitor

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