ECB survey highlights steadying inflation expectations as growth prospects remain gloomy ...Middle East

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ECB survey highlights steadying inflation expectations as growth prospects remain gloomy
Median expectations for inflation over the next 12 months seen at 4.0% (unchanged)Median expectations for inflation over the next 3 years seen at 2.5% (unchanged)Economic growth expectations for the next 12 months seen at -1.3% (previously 1.2%)In any case, the long-run expectation for inflation continues to keep above the 2% target by the central bank. And that is the more notable takeaway for now I would say. This article was written by Justin Low at www.forexlive.com.

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