Citizens’ trust in the ECB still in tatters – Commerzbank
Source Fxstreet
Households do not seem to really believe that the ECB will be able to bring inflation back to its target of 2% in the medium term, economists at Commerzbank say.
Consumers expect medium-term inflation above 2%
Even though the ECB's communication has improved in recent years, this does not appear to have increased public trust in the central bank.
The ECB is still experiencing a crisis of trust, which may impair the effectiveness of its monetary policy.
The citizens of the Euro countries do not expect a return to the 2% target in the medium term and are acting in line with their expectations.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Silver Price Analysis: Climbs above $80, as bulls eye weekly highSilver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Silver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
April 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
West Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
Bitcoin jumps to three-month high as US–Iran talks unwind oil risk premiumGlobal markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Global markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
