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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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Free AccessMNI BRIEF: Professional Forecasters Up Inflation Outlook: ECB
Professional forecasters have revised up their inflation expectations for both 2023 and 2024 to stand at 5.9% and 2.7% respectively, the ECB's latest survey shows.
The Q1 survey showed an increase from 5.8% and 2.4% respectively. The outlook for 2025 -- a first in this survey -- was 2.1%, while the longer-term inflation expectation was revised lower to 2.1% from 2.2% in the Q4 reading. According to the survey, the upward revisions primarily reflect changes to expectations for core inflation.
GDP growth expectations were largely unchanged with positive carry-over from stronger than expected economic activity in the second half of 2022 affecting 2023,but being offset by slightly weaker expectations for 2024 than previously reported.
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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.