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ECONOMICS COMMENTARY Jan 22, 2014

UK households see prospect of higher interest rates edging closer

The date when British households expect the Bank of England to start to raise interest rates edged closer again in January. Survey data collected from 1,500 households by Ipsos MORI on behalf of Markit found that - of those that expressed a view - some 84% expect the central bank to start raising interest rates within the next two years, up from 78% in December and the highest seen since data were first collected last July.

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