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Macro - Weekly Briefings - Eurozone

Publisher Oxford Economics
Published Aug 30, 2024
Length 6 Pages
SKU # OFE19150930

Description

Macro - Weekly Briefings - Eurozone



We think this week's data releases cement the case for the ECB to cut rates in September. Key among them is today's flash inflation for August, which came in at 2.2%, adding to the large drop in negotiated wages from last week. Together with recent communication from the Federal Reserve, repricing in rates markets, and mounting downside risks to growth and employment, the centre of gravity on the ECB's governing council may be shifting to the dovish side.

Table of Contents

6 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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