
UK Inflation Remains Above Target, Unlikely to Sway Bank of England Policy
UK inflation has dropped from record highs but remains above the Bank of England's 2% target, with February's data considered stale and unlikely to significantly influence the Bank of England's policy decisions, as the economic effects of the Iran war are expected to become apparent only from March onwards.
The Story
Analyzing sources…
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Why are UK prices still rising?
UK Inflation has dropped back from record highs but remains above the Bank of England's 2% target.
Read full article →Stale February inflation data will not have much bearing on BoE
Effects of Iran war will only start to show from March
Read full article →Coverage Timeline
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