Inflation expectations revised down across all horizons; longer-term inflation expectations (for 2028) stand at 2.0% Real GDP growth expectations down for 2024 and 2025, but unchanged thereafter Unemployment rate expectations largely unchanged In the ECB’s Survey of Professional Forecasters (SPF) for the first quarter of 2024, respondents revised down their expectations for headline inflation as measured in terms of the Harmonised Index of Consumer Prices (HICP). Headline HICP inflation was expected to decline from 2.4% in 2024 to 2.0% in both 2025 and 2026. Expectations for 2024 were revised down by 0.3 percentage ... (full story)