A shrinking proportion of UK firms are expecting a BoE rate hike in the next 12 months
A survey of UK CFOs by accountancy firm Deloitte:
- The % expecting one or more interest rate rises in the next 12 months is at 40% compared to 58% at the end of 2018
Last week we got comments from Bank of England Governor Mark Carney. While he is leaving the bank at the end of this year he flagged Brexit risks as key.
I'll have more from the Deloitte survey separately.