Longer-term inflation expectations pick up in eurozone
European Central Bank publishes latest economic bulletin
Longer-term inflation expectations are picking up in the eurozone, following the European Central Bank's (ECB) decision to launch quantitative easing in January.
The ECB's latest economic bulletin, published today (April 30), shows the gradual slide in expectations experienced over much of the past two years "has thus come to a halt".
For example, the five-year inflation-linked swap rate five years ahead fell from 2.4% in early 2013 to 1.5% in January 2015, but has since ticked up – reaching 1.7
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