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@ Layer3.news
2025-03-01 09:32:33
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EURO ZONE CONSUMERS LOWER NEAR-TERM INFLATION EXPECTATIONS, ECB SURVEY SHOWS
https://media.zenfs.com/en/reuters-finance.com/7f02043c66354e63f6d389ca4682fdea
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✍️ Euro zone consumers lowered their inflation expectations and remain pessimistic about the economy, indicating a potential need for more interest rate cuts from the ECB.
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👉 Euro zone consumers lowered their near-term inflation expectations to 2.6%
👉 Households lowered their nominal income growth expectation to 0.9%
👉 Consumers predict a 1.1% contraction in the economy in the next year
👉 The survey suggests a potential need for more interest rate cuts from the ECB
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#BalazsKoranyi #MarkHeinrich #Frankfurt #Washington #world
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