ECB Consumer Expectations Survey: 1yr CPI expectations 4% (exp. 2.8%, prev. 2.5%), 3yr CPI expectations 3.0% (exp. 2.6%, prev. 2.5%)

The ECB's Consumer Expectations Survey showing a significant increase in both 1-year and 3-year CPI expectations is a clear inflation signal, far exceeding forecasts. This raises the likelihood of more hawkish monetary policy from the ECB, potentially impacting interest rates, the Euro, and broader market sentiment regarding inflation and growth expectations in the eurozone.