The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran.The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran. Bank of England, Interest Rates, Inflation (Economics), Economic Conditions and Trends, Bailey, Andrew (1959- ) Read More
Bank of England Raises Rates for First Time in Three Years
