Rising UK inflation expectations are a concern, but not ‘flashing red lights’, BoE’s Greene says

Bank of England interest rate setter Megan Greene said on Tuesday that she was concerned by increases in the public’s expectations for future inflation, but added that they remained anchored.

Surveys published by the BoE and Citi/YouGov show inflation expectations have risen in recent months.

While the public are poor at predicting inflation, central bankers watch their expectations closely for signs that Britons might intend to push for bigger wage