BOE May rate hike expectations seen falling - UK survey of households
|The IHS Markit Household Finance Index survey, as cited by Reuters, showed the expectations for a Bank of England (BOE) rate hike in the coming months has dropped.
Key Findings:
28 percent of Britons expected the BoE to raise rates over the next three months, down from 33 percent in March.
Survey of 1,500 people conducted between April 12-16 before Carney signaled on Thursday that the central bank may not deliver a widely expected rate hike in May because economic data had been "mixed".
Sam Teague, an economist at IHS Markit noted: "Furthermore, in spite of the welcome combination of households seeing inflation heading down while incomes are back on the rise, expectations about future finances turned increasingly negative."
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