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European Central Bank survey shows sharp drop in inflation expectations
The ECB's consumer survey shows a sharp drop in short-term inflation expectations for May, following months of elevated readings that peaked at 4% in March.
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European Central Bank raises rates for first time since 2023 as oil prices finally offer relief
The ECB raised its deposit rate to 2.25% as eurozone inflation hit 3.2% in May 2026. Falling oil prices could ease pressure, but growth forecasts look weak.
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UK inflation expectations drop, easing pressure on Bank of England
UK household inflation expectations fell to 4.7% in May from a 5.4% March peak, as the Bank of England held its rate steady at 3.75% amid easing energy
