Loan Digest

Eurozone consumers optimistic about inflation slowdown - ECB

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

With the bank expected to raise rates next week, today’s research will feed debate about the number of further borrowing hikes needed to ensure inflation returns to target

Consumer expectations for euro-zone inflation eased significantly in April, adding to the case for the European Central Bank’s historic ramp-up in interest rates to conclude this summer.

Expectations for the next 12 months fell to 4.1 per cent from 5 per cent in March, the ECB said Tuesday in its monthly survey. For three years ahead, they slid to 2.5 per cent from 2.9 per cent — moving toward the 2 per cent medium-term target.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish savers losing €120m a month as banks fail to raise deposit interest rates, analysts warnECB has upped key deposit rate to 3.25% over the past year, but there has been no comparable increase in rates in Ireland
Source: IrishTimes - 🏆 3. / 98 Read more »

Irish savers losing €120m a month as banks fail to raise deposit interest rates, analysts warnECB has upped key deposit rate to 3.25% over the past year, but there has been no comparable increase in rates in Ireland
Source: IrishTimes - 🏆 3. / 98 Read more »