FRANKFURT — Euro zone inflation could be higher than earlier expected in five years' time, the European Central Bank's survey of professional forecasters showed on Friday, partly underpinning the ECB's decision to curb stimulus a day earlier. Advertisement Continue reading the main storyIndeed, the euro is trading weaker than the ECB expected and oil prices are sharply higher, indicating that the September projections may be too pessimistic. Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box. Sign Up You agree to receive occasional updates and special offers for The New York Times's products and services. Economic growth is also likely to be faster than earlier expected, with forecasts raised for both 2018 and 2019.

Source: New York Times October 27, 2017 08:26 UTC