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6th Nov 2023 02:04EurozoneWeekly Monitor

  • The EZ unemployment rate will rise further, but prob- ably not enough to sway ECB hawks...
  • ...Still, we think the Bank will cut rates come March, as inflation likely will fall faster than it expects.
  • Unemployment will rise most in industry, which will stay in recession until global trade recovers.

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Keywords for: 6 November 2023 Eurozone Monitor

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