The Eurozone economy finds itself ensnared in a sluggish phase, prompting revisions to our growth forecasts. This adjustment results from anticipated US tariffs on European imports that we expect to be enforced shortly. While a recession is not deemed likely, a myriad of risk factors looms large, including restrained consumer spending and the potential for escalating trade tensions.
During an upcoming webinar, we will delve into the recent modifications to our growth projections and explore the associated risks. This discussion will encompass their implications for fiscal and monetary policies moving forward. The session will take place on our new platform, ON24, so be sure to check your spam folders for the confirmation email.
Mateusz Urban, our Senior Economist, has a wealth of experience in macro forecasting, particularly concerning the economies of Poland and Hungary. He has also produced crucial thematic research on the European Central Bank and the Eurozone as a whole. With a strong background that includes significant roles in financial modelling, he boasts academic credentials from Duke University and the University of Nottingham.
The Eurozone struggles with sluggish growth amid expectations of US tariffs on imports. This has prompted a revision of economic forecasts, with risks like cautious consumer behaviour and trade conflict looming large. A webinar will discuss these changes and their implications for fiscal and monetary policies, featuring insights from Senior Economist Mateusz Urban.
In summary, the Eurozone is grappling with low economic growth, pressured by the looming threat of US tariffs. Our revised forecasts reflect the complex web of risks facing the region, underscoring concerns about consumer confidence and potential trade disputes. The upcoming webinar will provide deeper insights into these developments and their broader implications for economic policy.
Original Source: www.oxfordeconomics.com
