Survey of UK households show expectations for a BoE May rate hike falling
ArticleBody
This is the IHS Markit Household Finance Index, report rtrsReuters ::
- 28 percent of Britons expected the BoE to raise rates over the next three months, down from 33 percent in March
- Survey of 1,500 people
- conducted between April 12-16 – before Carney signaled on Thursday that the central bank may not deliver a widely expected rate hike in May because economic data had been “mixed”
“Furthermore, in spite of the welcome combination of households seeing inflation heading down while incomes are back on the rise, expectations about future finances turned increasingly negative,” Sam Teague, economist at IHS Markit, said.
Leave a Reply
Want to join the discussion?Feel free to contribute!