ECONOMICS COMMENTARY
Feb 20, 2014
UK: Fears of higher interest rates rose ahead of forward guidance review
British households again pulled forward their expectations of when they consider it most likely the Bank of England to start to raise interest rates in February. Survey data collected from 1,500 households in February by Ipsos MORI on behalf of Markit found that some 46% expect the Central Bank to start raising interest rates within the next year, up from 41% in January. That was the highest proportion seen since survey data were first collected last July.
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