Meanwhile, inflation expectations for the 12 months after that is seen at 2.6% (vs 2.8% previously). The inflation expectations for 5 years’ time remains unchanged at 3.1% though. As for the public opinion on rates, 42% think it is best for the economy if rates are to go down. That is the highest share in the vote since November 2008.
This article was written by Justin Low at www.forexlive.com.
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