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  • Eurozone core and headline inflation rose further inMay, both matching our forecasts.
  • The ECB will hike by 25bp next week, and we still look for a back-to-back rate increase in July.
  • The EZ’s inflation fever is now breaking a bit, but we still see a rebound to 3.5% by the end of the year.

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Keywords for: 3 June 2026 Eurozone Monitor

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