February 2015 Bank of England/GFK 12m inflation data report

  • 2 year expectations 2.1% vs 2.5% prior
  • 5 year 2.8% vs 3.0% prior
  • 36% of public expect first rate rise within 12 months vs 37% in Nov, lowest since Nov 2013

This is a quarterly report, it's not market moving but lower expectations of inflation might have just helped give cable the nudge it needed through 1.5200 to 1.5193