UK Inflation Expectations Hold Steady Despite Emerging Iran Energy Crisis, BoE Survey Shows

UK Inflation Expectations Hold Steady Despite Emerging Iran Energy Crisis, BoE Survey Shows

London – Inflation expectations among UK consumers and businesses remained persistently high even before the recent energy price surge triggered by geopolitical tensions in Iran, according to a Bank of England (BoE) survey revealed by Reuters. The findings highlight the entrenched nature of inflationary pressures in the UK economy, complicating the BoE’s efforts to anchor [...]