Last week’s consumer prices data for September may have caused some members of the Monetary Policy Committee to swallow hard after their decision to extend the quantitative easing (QE) programme earlier in the month. But before too long, the combination of fading food and energy effects and weakening core price pressures should start to bring inflation down quite sharply. And this time, there are some good reasons to think that it will stay there.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.