BOE Says Business Inflation Expectations Eased Slightly in March
- Prices outlook stabilizing as firms predict one more rate rise
- Business uncertainty improving, BOE’s March DMP survey finds
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UK business leaders expect one more interest rate rise amid signs that they believe inflation is stabilizing at elevated levels, according to a survey that forms a key part of the Bank of England’s policy discussions.
Inflation expectations for the year ahead eased for a third month running in March but edged higher when looking out three years, the central bank’s monthly decision-maker panel survey showed.