MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI: US REDBOOK: DEC STORE SALES +4.2% V YR AGO MO

US Q3 REV NONFARM PRODUCTIVITY +2.2%; Y/Y +2.0%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Consumer Inflation Expectations Dip In April - ECB

(MNI) London

Expectations for inflation over the next 12 months fell across the euro area to 2.9% in April, the lowest since September 2021 and down from 3.0% in March, the ECB's consumer expectations survey showed Tuesday.

Inflation expectations three years ahead edged down to 2.4%, from 2.5% in March, with the outlook at both the one-year and three-year horizons below consumers' perceived past inflation rate of 5.0%. Uncertainty about inflation expectations over the next 12 months remained unchanged, the survey showed.

With ECB's June meeting expected to deliver a 25bp cut in the Deposit Facility Rate to 3.75%, consumer inflation expectations will be one of the data points closely watched by the Governing Council in deciding when and by how much rates will be cut in coming months. Vice President Luis de Guindos will discuss the outlook for rates with MNI on June 12. (To register, see here) (Also see MNI SOURCES: Fed, Geopolitics, Feed ECB Caution Over Cuts

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsHomepageCentral Bank NewsEuropean Central BankCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsHomepageCentral Bank NewsEuropean Central BankCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.