Investor Expectations in Europe’s Recovery Reach Record

(Bloomberg) -- Investor expectations in the euro area’s economic recovery climbed to a record in April amid bets that accelerating vaccinations will allow for an easing of coronavirus restrictions, according to a Sentix survey. A gauge measuring the current situation jumped to levels last recorded before the pandemic. With a “massive expansion” of fiscal policy and continued monetary support from the European Central Bank, “significant inflationary risks are in place for the coming months,” the market research firm said.

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