Finance
UK public inflation expectations surged in February, BoE survey shows
Published by Global Banking & Finance Review®
Posted on March 14, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 14, 2025
1 min readLast updated: January 24, 2026
UK public inflation expectations reached a 5-year high in February, according to a Bank of England survey, affecting interest rate policies.
(Reuters) - The British public's expectations for inflation in the long run rose in February to their highest level in more than five years, according to a Bank of England survey on Friday that is likely to underscore its cautious approach to cutting interest rates.
Expectations for inflation in five years' time or longer rose to 3.6% in February from 3.4% in the previous survey, conducted in November, the BoE said. It marked the highest reading since November 2019.
The BoE reported a jump in year-ahead expectations, to 3.4% from 3.0% - the highest reading since August 2023.
(Reporting by Andy Bruce; editing by David Milliken)
The article discusses the rise in UK public inflation expectations as reported by a Bank of England survey.
How does the rise in inflation expectations affect interest rates in the UK?
What were the previous inflation expectations before the latest survey?
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