The low activity and price components of the flash PMIs for the euro-zone in October will strengthen the conviction of policymakers who think the ECB should step up the pace of rate cuts. We now think a 50bp cut is the most likely decision at the December monetary policy meeting.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services