UK public inflation expectations for 12 months ahead fall to 5.4% in March – Citi/YouGov survey
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The UK public’s inflation expectations eased in March after edging a tad higher in February, a monthly survey conducted by Citi and YouGov showed on Monday.
GBP/USD is off the lows but remains pressured below 1.2300 amid the encouraging survey findings, which back the case for a Bank of England (BoE) rate hike pause. The pair is trading at 1.2290, down 0.34% on the day, as of writing.
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