Heurist Finance

Euro-area inflation expectations rise, pressuring ECB rate path

Bloomberg · 4 hours ago
  • The ECB's monthly poll showed one-year consumer inflation expectations at 3.0% in August, up from 2.9% in July.
  • The three-year expectation, which the ECB weighs more for policy, rose to 2.9% from 2.7%.
  • Five-year inflation expectations also advanced.

Quotes

“Inflation expectations among euro-area households increased in August, a signal that the European Central Bank may have to raise interest rates further.”— Bloomberg

Sources