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UK inflation expectations fall in January, Citi/YouGov survey shows
British households' expectations for inflation ended a run of increases and fell in January, according to a monthly survey published by Citi and YouGov on Thursday. The survey showed expectations for inflation in a year's time fell to 3.5% in January from 3.7%. For five to 10 years' time, expectations eased to 3.7% from 3.9%. The Bank of England, which is expected to cut interest rates later on Thursday, is watching inflation expectations among other measures of price pressures in the economy. Citi said its survey figures represented a relief after their recent climb and expectations for inflation ahead appeared to ... (full story)