Search ForexCrunch

In a sign that the reflation trade is alive and kicking, a key gauge of long-term Eurozone inflation expectations rose above 1.40% for the first time since May 2019.

The 5-year, 5 years forward inflation swap rate, closely tracked by the European Central Bank (ECB), is at 1.405%, higher on the day by nearly 2bps.

 

more to come ….