ECONOMICS COMMENTARY
Apr 25, 2014
UK households push back expectations of first rise in interest rates
British households have pushed back their expectations of when they consider it most likely the Bank of England to start to raise interest rates. The findings, based on survey data collected from 1,500 households in April by Ipsos MORI on behalf of Markit follow the Bank of England's revised forward guidance and reassurances that recent strong economic growth will not lead to an imminent raising of interest rates, as well as signs of lower inflation.
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