12-November-2026
Economy News
 
UK Inflation to Overshoot Bank of England Target for Next 4 Years, NIESR Forecasts
12-Nov-2026

The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to forecasts from a leading academic think-tank which also nudged up its outlook for growth.

News Source:- https://money.usnews.com/investing/news/articles/2026-11-10/uk-inflation-to-overshoot-bank-of-england-target-for-next-4-years-niesr-forecasts