Euro-Area Inflation Outlook Rises as ECB Mulls Stimulus
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Euro-area inflation expectations are increasing as investors bet the European Central Bank will stoke prices, which rose last month at the slowest pace since 2009.
A gauge of inflation expectations based on German bonds was 16 basis points above an almost two-year low set in February as the nation sold index-linked securities due in 2030. ECB President Mario Draghi said last week the Governing Council is “unanimous” in exploring tools including asset purchases, or quantitative easing. Executive Board member Yves Mersch said yesterday deflation risks aren’t imminent. Austria, Greece and the Netherlands also auctioned government debt.