NIESR sees UK inflation above BoE target for four years, peaking at 4.4% in 2027

What we know so far

investingLive (Nov 11, 06:09): A longer inflation overshoot driven by the Iran war’s energy shock keeps oil prices at the centre of the UK rate outlook: every sustained rise in crude raises the risk of further second-round effects on wages. NIESR’s call for only one more hike contrasts with market pricing of two or three. Its view that rates may need to reach around…