Thursday, September 13, 2007

Inflation expectations

Britons' inflation expectations hold at 2.7 pct in Aug

Interesting to note that most ordinary people perceive the inflation rate as higher than it currently is and that they expect 6pc interest rates sometime soon. Althought city bankers expect an easing (suprise suprise!) Although I think the impact of the credit crunch is lost on most ordinary folks, maybe now mortgage providers have started to increase rates independant of the BoE base rate people will realease what a sticky wicket we are playing on now.

Posted by oldfashionedbanker @ 09:55 AM (429 views)
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