Whirlwind tour for markets as US GDP surprises
NAB Morning Call
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The ECB's Data Dependence on the European Economy
The European economy seems to be sliding further than what's been happening in the US recently. So we might rule out a soft landing, but they're skating on thin ice growth-wise at the present time. The IMF reckon it's going to be 2025 before the Euro area gets inflation back on target and that they are saying that they want to see the ECB raising more than they currently planning to.
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