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Eurozone Consumer Inflation Expectations Drop but Remain Above ECB Target
243 sats \ 5 comments \ @TomK 28 Jun econ
In May, inflation expectations among consumers in the Eurozone decreased but still exceeded the ECB's 2% target. According to the latest survey by the European Central Bank, consumers anticipate a 2.8% rise in prices over the next year, down from 2.9% in April, marking the lowest level since September 2021. Over a three-year horizon, consumers foresee inflation at 2.3%, slightly down from 2.4%.
The ECB gets room to pump if consumer demand collapses...
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42 sats \ 1 reply \ @BitByBit21 28 Jun
Printer goes brrrr
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21 sats \ 0 replies \ @TomK OP 28 Jun
but it's important to understand why the printer is running hot. it's because our commies here are shooting their bullshit initiatives for their green transformation through the sky and crowding out the private sector.
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42 sats \ 1 reply \ @halalmoney 28 Jun
Instead of a robust and apolitical measure of economic value we have inflation targets and surveys of inflation expectations. What a needless waste of human time and prosperity.
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0 sats \ 0 replies \ @TomK OP 28 Jun
A Europe of the regions, the principle of subsidiarity, free markets and the autonomy of individuals-these are the values that Europeans need to focus on if they want to find a way out of their fatal situation.
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0 sats \ 0 replies \ @IamSINGLE 28 Jun
I sometimes wonder if we would still think and assess all these measures in Golc standard. Or; what about Bitcoin Stsndard now? Will these assumptions of inflation, DEFLATION, rates, printing, fake or real all come yo an end?
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