Inflation is falling but the real test for the Bank of England is yet to come
Forecasts that inflation will now quickly fall back to the Bank’s 2% target are likely premature.
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Forecasts that inflation will now quickly fall back to the Bank’s 2% target are likely premature.
Central banks, like economists and journalists, have been slow to appreciate the scale of the inflationary threat.
A personal view from Ian Stewart, Deloitte’s Chief Economist in the UK. It’s clear that the Covid-19 pandemic will cause a severe hit to economic
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