ECB professional forecasters Q4 survey raises 2015 GDP expectation to +1.5% vs +1.4% prev

Latest ECB survey out now with mixed results

• 2016 GDP forecast lowered to +1.7 vs +1.8% prev
• 2016 inflation outlook cut to +1% vs +1.3% prev
• 2017 inflation outlook cut to +1.5% vs +1.6% prev
• long-term inflation outlook unchanged at +1.9%

Full report here