Europe Week Ahead: ECB Meeting, BoE Meeting, UK PMI

Our central case remains that the ECB delivers a 25bp Refi rate cut in June (while leaving the deposit rate at 0%) when staff forecasts are revised again and strong evidence has accumulated that the economic recovery, if any, will come later than the ECB’s baseline. However, as we have repeatedly…

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Europe Week Ahead: ECB Meeting, BoE Meeting, UK PMI