Both Scenario A and Scenario B from the Bank of England predict that oil prices will peak at $108 per barrel. Scenario B predicts a mild second-round effect as energy prices remain high for an extended period. Scenario C predicts that inflation will

2026-04-30

Both Scenario A and Scenario B from the Bank of England predict that oil prices will peak at $108 per barrel. Scenario B predicts a mild second-round effect as energy prices remain high for an extended period. Scenario C predicts that inflation will peak above 6% in early 2027.