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🇪🇺 Euro area growth beat forecasts. The ECB is tightening anyway.
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🇪🇺 Euro area growth beat forecasts. The ECB is tightening anyway.

Macro Soup Newsroom Macro Soup Newsroom 3 min read

Euro area GDP grew 0.4% quarter-on-quarter in Q2, beating the 0.2% consensus, even as the European Central Bank holds its deposit rate at 2.25% after a June hike, its first since the 2022-2023 tightening cycle.

Thematic illustration for: 🇪🇺 Euro area growth beat forecasts. The ECB is tightening anyway.
Source: Grok Imagine

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