Central Banks

ECB Says Consumer Inflation Expectations Edged Lower in March

Pedestrians and shoppers in downtown Rome.

Photographer: Alessia Pierdomenico/Bloomberg
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Inflation expectations of consumers in the euro zone inched down in March, according to the European Central Bank — supporting plans to kick off monetary easing in the coming weeks.

Prices are seen advancing 3% over the next 12 months, down from 3.1% in February, the ECB said Friday in its monthly poll. That’s the lowest level since December 2021, it said.