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Bob Elliott
bobeunlimited.bsky.social
did:plc:32y3sdlj453rvknbyx4lvu3x
Eurozone growth continues to hold up fine and wage growth is too high for the ECB to meet its mandate.
Lagarde's response? 125bps of cuts next year on top of the 100bps this year. That's what we call "over easy."
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2024-12-16T13:03:57.155Z