UK Firm Inflation Expectations Rise in BoE Survey, Piling Pressure on Rate Setters
UK firms’ 12-month inflation expectations rose in the Bank of England’s closely watched survey, complicating the Monetary Policy Committee’s assessment of price pressures.
Key points
- UK firms’ 12-month inflation expectations rose in the Bank of England’s Decision Maker Panel survey.
- Higher business inflation expectations raise the probability of another BoE rate hike.
- UK housebuilders face the sharpest earnings risk if the BoE extends its tightening cycle.
How do you see this playing out for markets? Discuss below.
Read the full analysis on market.news
🇬🇧 United Kingdom Stocks Fed Policy boe inflation cpi interest-rates