A Year of Bad Inflation Forecasts Casts Doubt on BOE Rate Path
(Bloomberg) -- Britain’s economists are finding it increasingly difficult to forecast inflation, a phenomena that’s upending markets and is likely to make the Bank of England more cautious about lowering interest rates.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetSingapore’s $200,000 Toyotas Fuel Angst Over Wealth GapHouthi Hit on Russian Fuel Has Traders Recalculating RisksThree US Troops Killed in Attack Tied to Iran-Backed GroupsTrump’s Cash Stockpile