"Of course, there is appreciable German-led opposition within the governing council to more QE in particular, so just how much stimulus the ECB delivers in March could yet depend on how oil prices and inflation expectations develop over the next few weeks, and whether global economic uncertainties and financial market turmoil show any signs of easing," he said.
The improving confidence in the economy could also point to an increase in worker's wages with BDO's Employment Index, which reflects businesses' hiring expectations over the next three months, rising to 102.7 in February.
We ask about long-term expectations: "On average over the next 10 years how much do you expect the value of your property to change each year?" The survey we conducted in spring 2005, near the end of the bubble, included 407 home buyers.
Expectations for growth over the next couple of years will probably slip further, to 6%.
The yen rose on expectations that reports over the next several weeks will show Japan's economy strengthening.
Expectations for finances over the next 12 months picked up to 49.8 on the Markit household finances index in August, from 47.1 in July.
In fact, expectations of inflation over the next 5 years have been falling fast: So kudos to the Fed for defying the right's threats, and I guess this is better than nothing.
According to the University of Michigan's gauge, expectations for inflation over the next five to ten years edged up to 3.1% in April, slightly higher than the average of 2.9% in 2005.
