UK DATA: BOE: Nov Median Year Ahead Inf. Expectations 4.1% Vs 4.2% Aug
BOE: Nov 2yr Ahead Inflation Expectations 3.4% vs 3.5% in Aug
BOE: Nov Longer Term Inflation Expectations 3.5%; Unchanged vs Aug
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Inflation expectations eased a little in Nov, as headline
inflation dipped and the economic outlook deteriorated, but they were
still more than two percentage points above the 2.0% target and public
dissatisfaction with the Bank of England is growing. The net
satisfaction rating for the way the BOE is doing its job to set interest
rates to control inflation fell to 9%, the lowest since the series
began.