The general public now expects UK inflation of 3.3% over the coming year - a record forecast which will fuel fears that the Bank of England will be unable to cut interest rates by enough to ward off a painful economic slowdown.
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Inflation expectations heighten Bank's dilemma
The general public now expects UK inflation of 3.3% over the coming year - a record forecast which will fuel fears that the Bank of England will be unable to cut interest rates by enough to ward off a painful economic slowdown.
