The Office for Budget Responsibility’s big downward revision to its CPI inflation forecast in this week’s Budget brings it more into line with our forecast for inflation to fall below the 2.0% target in April and leaves the Bank of England’s forecast looking like an outlier. It may not be long before the Bank starts to worry about inflation being too low.
We will be discussing whether the next government will move the dial on the economy in a 20-minute online briefing at 3pm GMT on Wednesday 13th March. (Register here.)
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