ECB Says Consumers’ Inflation Expectations Declined Further
This article is for subscribers only.
Consumer expectations for euro-area inflation fell for a second month — supporting recent remarks by European Central Bank officials that interest-rate hikes may be nearing their end.
Expectations for the next 12 months dropped to 4.6% in February from 4.9% in January, the ECB said Tuesday in its monthly survey. For three years ahead, they declined to 2.4% from 2.5%.