EU Commission revises up 2023 Eurozone GDP forecast, inflation projection lowered
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In its quarterly publication released on Monday, the European Commission revised upwards its economic growth forecast for the Eurozone to 0.9% in 2023 from 0.3% previously, projecting 2024 growth unchanged at 1.5%.
The quarterly forecasts failed to have any material impact on the Euro, as EUR/USD continues to trade around 1.0675, flat on the day.
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