The surprising uptick in Eurozone core inflation, from 0.8% to 1.0% YoY in February according to the Eurostat flash estimate, however inexplicable and inconsistent with national data, reduces the likelihood of the small (10bp) Refi rate cut we forecast for next week. The ongoing improvement in the…
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Europe Week Ahead: ECB, BoE, EZ PMI, German IP, UK PMI
