EUR Rises Marginally as Inflation Expectations of the ECB Increase - Scotiabank - World Stock Market
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EUR rises marginally as inflation expectations of the ECB increase - Scotiabank - World Stock Market
The euro (EUR) is entering Wednesday’s American session with a marginal gain of 0.1% against the US dollar (USD), being an intermediate performance between the G10 in a generally quiet trade, says Shaun Osborne, head of Scotiabank’s chief of FX. Complicating the current inclination towards cuts “The currency remains within a range and the publications have been limited to the data of inflation expectations of the ECB. The measure of inflation ex…
ECB survey shows short-term inflation expectations climb as growth outlook worsens - Action Forex
ECB’s latest Consumer Expectations Survey for April showed a modest but notable uptick in short-term inflation expectations. Median expectations for inflation over the next 12 months rose to 3.1%, the highest since February 2024. However, medium- and long-term inflation expectations remained steady, with the three-year outlook unchanged at 2.5% and the five-year projection holding at […] The post ECB survey shows short-term inflation expectation…
Eurozone Households Expect Inflation to Rise in the Short Term, ECB Survey Shows
Eurozone consumers expect higher inflation next year, but their longer-term inflation expectations remain stable, a European Central Bank (ECB) survey showed on Wednesday. Bloomberg reported. The Consumer Expectations Survey revealed that eurozone households in April expected inflation to be 3.1 percent in the next 12 months. That is up from 2.9 percent a month earlier. And also above the ECB’s inflation target of two percent.
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