Citi warns of risks of inflation expectations de-anchoring after poll

Citi research Data from Citigroup suggests growing risks that inflation expectations could become de-anchored to the upside in the UK. They say short and long-run inflation expectations are now well above their pre-pandemic range. The Citi/YouGov survey showed 12 month expectations at 4.1% (prior 3.1%) and 5-10 year inflation at 3.8% (prior 3.4%).

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