jas2011

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  Consumers financial confidence has remained steady over August, the latest figures have intimated.According to the most recent Consumer Barometer from Lloyds TSB Corporate Markets, Britons could be becoming more optimistic that the Bank of England's monetary policy committee (MPC) will not increase the base rate once more before the end of the year. Some 69 per cent of those surveyed believed that interest rates will be higher rather than lower within a year's time - a figure down from the 74 per cent noted in July and the lowest noted for the last six months. In addition, the financial services firm suggested that the public's views about interest rates are "likely to have been boosted" after it was revealed that consumer price index inflation fell below the Bank's target during July to 1.9 per cent.Trevor Williams, chief economist for Lloyds TSB Corporate Markets, said: "The recent financial market volatility, coupled with July's encouraging inflation figures, has prompted economists

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  September 2012