Bank of England Inflation Attitudes Survey, Aug 05

The Bank of England has published its August 2005 Inflation Attitudes Survey. 56% of respondents thought the inflation target was 'about right', while the proportions saying the target was 'too high' and 'too low' were 19% and 9% respectively.

When asked about the future path of interest rates, 34% expected rates to rise in the next 12 months, compared with 52% in May. 28% of respondents expected rates to stay 'about the same' compared with 24% in May, and 18% thought interest rates might fall in

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