ECB releases the findings of its Survey of Professional Forecasters (SPF)
Inflation is seen as hitting 1.9% this year, as compared to 1.6% three months ago and 2022 inflation is seen at 1.5% as compared to 1.3% prior.
Even though the increase in projections reflect a bump, they aren't anywhere suggesting any upside beyond 2% as what the ECB looks to be angling towards in their statement when talking about an inflation overshoot. Just something to take note of.
