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More Britons Expect Rates to Rise Than Fall as Inflation Spikes

UK households expect interest rates to rise in response to a resurgence in inflation, despite the Bank of England pledging to continue gradually easing policy.



UK households anticipate rising interest rates due to spiking inflation, despite the Bank of England's plan for gradual easing. More Britons expect rates to increase rather than decrease for the first time since the BOE began easing policy. Inflation expectations are rising, potentially leading to higher wage demands and prices.

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