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.
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Financial economists and analysts see both headline and core eurozone inflation little changed in Q2 from their forecasts in the previous quarter, the ECB's survey of Professional Forecasters showed on Friday.
Respondents expect headline inflation to decline from 2.4% in 2024 to 2.0% in both 2025 and 2026. They saw labour market tightness and wage growth as high, but these were generally "expected to moderate and underpin the return of both headline and core inflation to 2.0%". Longer-term HICP inflation expectations (for 2028) were unchanged at 2.0%.
On Thursday, the ECB left key interest rates unchanged, but indicated it could ease policy in June if it was confident of a sustainable return to its 2% price target. (See MNI ECB WATCH: On Course For June Cut, Still Data-Dependent)
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.