By Chris Dorrell Yet another survey shows that the Bank of England’s interest rate hikes are slowly squeezing inflationary pressures out of the economy. The Bank of England’s own decision maker panel, which surveys business leaders around the country, showed that firms expect price rises to slow and wages pressures to ease. In May, firms said they expected to increase prices by 3.8 per cent over the next year, down from 4.2 per cent in April. Taking the average of the past three months, firms expect prices to rise 3.9 per cent. This brings expected price growth down to its lowest level since S…