UK public inflation expectations down slightly in latest BOE survey

  • Inflation expectations for the year ahead is seen at 2.8%, compared to 3.0% in February

Meanwhile, inflation expectations for the 12 months after that is seen at 2.6% (vs 2.8% previously). The inflation expectations for 5 years' time remains unchanged at 3.1% though. As for the public opinion on rates, 42% think it is best for the economy if rates are to go down. That is the highest share in the vote since November 2008.

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