UK Inflation Expectations Fall, Boosting Prospects for BOE Rate Pause
1307 GMT - The latest Bank of England decision makers panel survey, which polls chief financial officers of small, medium and large U.K. corporates, shows that business inflation expectations declined in August, supporting the growing sense that the BOE interest-rate rise cycle is near its peak, ING economist James Smith says in a note. The survey shows that one-year ahead CPI inflation expectations fell to 4.8% in August from 5.4% in July while three-year ahead CPI inflation expectations declined to 3.2% in August from 3.3% in July. (email@example.com)
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