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globalreutersJune 3, 20241 Mins read
Deutsche raises Eurozone 2024 GDP growth forecast to 0.9% from 0.4% previously
globalreutersJune 3, 20241 Mins read 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.
This article was written by Justin Low at www.forexlive.com.
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