LONDON (Reuters) - Euro zone long-term inflation expectations fell on Friday to their lowest level since February 2015, just before the launch of the ECB's asset purchase programme and a day after the central bank flagged further monetary easing for March.
The five-year, five-year breakeven forward, which shows where markets expect 2026 eurozone inflation forecasts to be in 2021
It has fallen almost 25 basis points from a high in early December as a rout in oil markets drives down investors' inflation expectations.