ECB: Survey of Professional forecasters in focus today – Danske Bank

The ECB's Survey of Professional forecasters is due for release today where focus will be on the longer-term inflation expectations, explains the analysis team at Danske Bank.

Key Quotes

“The survey-based inflation expectations have been fairly stable at 1.8% but the distribution has shifted to more forecasters expecting inflation to stay below 2% in five years. Some dovish ECB members have argued the distribution of inflation expectations still needs to shift but recently the ECB has been more focused on the stronger economic recovery.”