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Euro-Zone Consumer Inflation Expectations Rise Across All Horizons
Vera
By Vera
Markets Editor
Euro-area consumers raised their InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More expectations across all measured horizons in August, according to the European Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More's Consumer Expectations Survey released September 18. Median expectations for inflation over the next 12 months increased to 3.0% from 2.9% in July. Three-year expectations rose to 2.9% from 2.7%, while five-year expectations increased to 2.5% from 2.4%. Expected economic growth remained at -1.2%, while the expected Unemployment RateUnemployment Rate refers to the unemployment rate is basically the percentage of the people in the workforce without jobs but is able and willing to work. The term belongs in Le...Read More declined to 11.0% from 11.2%.
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