Europe Week Ahead: ECB, BoE, EZ PMI, German-, French-, Spanish-, Italian-, UK IP

The rebound in Eurozone HICP inflation in April (to 0.7% for the headline, and to 1.0% for the core index) should convince the ECB to leave policy rates unchanged at its 8 May meeting. However, we still expect the staff forecasts to be revised downwards, and the ECB to cut rates in June. Either…

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Europe Week Ahead: ECB, BoE, EZ PMI, German-, French-, Spanish-, Italian-, UK IP