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8th Apr 2024 17:48EurozoneDaily Monitor

  • This week’s ECB meeting will be a dovish hold; Ms. Lagarde will lay the foundation for a June cut.
  • The consensus and markets see the ECB’s policy rate falling below 2.5% in 2025; we beg to differ.
  • Rising production in industry and services points to upside risks to German GDP growth in Q1.

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Keywords for: 9 April 2024 Eurozone Monitor

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