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Commerzbank Look For ECB CES Inflation Gauges To Move Near Target

ECB

Commerzbank note that in her latest post-meeting press conference, ECB President Lagarde “pointed out that inflation expectations are "really coming in around our 2% target.” A day later, the 5-year SPF mean posted its largest quarterly decline on record. Today, there is a good chance that the Consumer Expectations Survey (CES) will show a similar pattern, with expectations back near target.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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