Money

UK Inflation Set to Miss Bank of England Target for Four Years

RecentNews.uk

01

NIESR predicts UK inflation will remain above 2% for the next four years.

02

Forecasters warn the Bank of England's response could mean higher interest rates for longer.

03

Mortgage holders and ordinary consumers face sustained pressure on household budgets.

04

Economists remain divided on whether further rate hikes are necessary to control prices.

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