ECB - Monthly Bulletin (January 2011)
Data on long-term break-even inflation rates in December point towards a slight increase in market participants' inflation expectations, the European Central Bank's (ECB) January 2011 Monthly Bulletin, published on Thursday, said.
The report showed that in the month up to 12 January implied forward break-even inflation rates, which are used to measure inflation expectations, in the euro area increased by around 20 basis points to stand at 2.2%. The data, according to the ECB, suggests a slight
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