Euro-area consumers lift near-term inflation expectations sharply, ECB survey finds
Euro zone household inflation expectations climbed notably in March, according to the European Central Bank's monthly Consumer Expectations Survey. One-year expectations rose to 4.0% and three-year expectations to 3.0%, both exceeding the ECB's 2% medium-term goal. Five-year expectations edged only slightly higher to 2.4%. The survey also showed co…