European Central Bank survey shows stable inflation expectations, expected to return to 2% target by 2028
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The survey released by the European Central Bank on Friday showed that inflation expectations in the eurozone have remained largely unchanged over the past three months, with an expected average inflation rate of 2.7% this year, an estimated inflation rate of 2.2% in 2027, and an inflation rate of 2% and expected to remain at that level in 2028.