Bank of England: Forecasts indicate that the consumer price index will fall below the 2% target in the first quarter of 2028. There are currently no obvious second-round effects, but caution is needed; recent data have clearly shown signs of inflation falling back.

Bank of England: Forecasts indicate that the consumer price index will fall below the 2% target in the first quarter of 2028. There are currently no obvious second-round effects, but caution is needed; recent data have clearly shown signs of inflation falling back.