Deutsche raises Eurozone 2024 GDP growth forecast to 0.9% from 0.4% previously

  • This follows the better showing in Q1 and so far in Q2

I'm sure the other pundits will also follow suit. But just take these forecasts with a pinch of salt. The way to look at them is to analyse the change in sentiment. The more positive outlook towards the euro area now is a key reason to afford the ECB more breathing room to hold rates higher for longer after this week's rate cut.

investingLive Premium
Telegram Community
Gain Access