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FRANKFORT, Ky. (AP) — Rand Paul's biggest political decision is approaching: whether to run for president in 2016 or focus solely on re-election to his U.S. Senate seat. A Republican lawmaker from his home state wants to free him from the potential dilemma by letting him run for both.
Britons' expectations for an interest rate hike over the next year are on the rise even as their inflation forecasts have fallen, a quarterly poll commissioned by the Bank of England showed on Friday. The BoE's inflation attitudes survey showed that 40 percent of Britons expect a rate rise over the next 12 months, up from 34 percent in November and its highest since May 2012. However, inflation expectations over the next year fell to 2.8 percent from 3.6 percent and hit its lowest in four years. Inflation expectations over the next two and five years also fell to their lowest levels since August 2012.