19 November 2024 UK Monitor Inflation expectations are more loosely anchored than before 2020
18th Nov 2024 11:59UKDaily Monitor
- The MPC is rightly encouraged by inflation expectations falling well below their 2022 peak.
- The BoE’s expectations survey is biased down, however, and YouGov expectations recently surged.
- Consumers are more attentive to inflation now; the MPC needs to be cautious as inflation rises in 2025.
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