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6th Mar 2024 18:14Eurozone, Daily Monitor

  • The ECB will cut its policy rate in June, barring a big upside surprise in the inflation numbers.
  • Markets now see 100bp-worth of cuts this year; we think the ECB is happy with this picture.
  • Factory orders in Germany crashed in January, but mostly due to volatility in major orders.

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Keywords for: 8 March 2024 Eurozone Monitor

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