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27th Oct 2022 16:02Eurozone, Daily Monitor

  • The ECB lifts its deposit and refinancing rates by 75bp, hinting at a smaller hike in December.
  • The retrospective change in TLTRO III conditions is a bad look for the ECB, but it likely was necessary.
  • The slide in consumer confidence has ended; but don’t expect a sustained recovery until after winter.

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Keywords for: 28 Oct 2022 Eurozone Monitor

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