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31st Mar 2023 15:19Eurozone, Daily Monitor

  • A U.S. recession means slower GDP growth in the euro area and a terminal ECB rate in May.
  • We now see a smaller EZ GDP growth boost from net trade in the first half of 2023.
  • The ECB will raise rates by 50bp in May, but by June the survey data should be poor enough for a pause.

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Keywords for: 4 Apr 2023 Eurozone Monitor

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