July 5, 2018 / 11:00 AM / a year ago

BoE's Carney - household expectations for 2018 rate hike look about right

NEWCASTLE, England (Reuters) - Bank of England Governor Mark Carney said on Thursday that expectations among British households that the central bank will raise interest rates this year seemed right to him.

Answering questions after a speech, Carney also said BoE officials would have enough information to make a decision on rates in August, even without economic growth figures for the second quarter which will not be published in time because of changes to the release schedule of Britain’s statistics agency.

Reporting by David Milliken in Newcastle, writing by Andy Bruce, editing by William Schomberg

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