ECB survey: Inflation expectations 1 12 months forward right down to 2.6% vs 2.eight% prior

• Inflation expectations 1 12 months forward right down to 2.6% vs 2.eight% prior.
• three and 5 years forward unchanged at 2.four% and a couple of.1% respectively.

This would possibly not change something for the ECB at this level however it’s nonetheless excellent news for them as inflation expectations stay anchored.

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This text was written by Giuseppe Dellamotta at investinglive.com.