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31st Jul 2025 20:23EurozoneWeekly Monitor

  • The July HICP has raised the bar significantly for a September ECB rate cut…
  • …But we won’t give up on our call until we see inflation data for August.
  • A fall in core inflation, volatile markets, and US economic fragility could still pull a cut over the line.

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Keywords for: 4 August 2025 Eurozone Monitor

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