Bank of England say inflation to hit 5% year on year by spring 2022

Market Report 05-11-21 The Bank of England announced in October that inflation was likely to hit 5% year on year by early spring 2022, around the second quarter. For a central bank with a 2% per year inflation target, a 5% rate of inflation is certainly concerning and on 04/11 the Monetary Policy Committee (the […]