Amid the avalanche of information we get at times like this — which nobody normal can possibly make sense of, let alone the MPs patiently sitting through Rishi Sunak’s slightly surreal budget speech a few days ago — one thing jumped out at me.
As the Bank of England contemplates what to do this week — amid frenzied speculation about an imminent rise in interest rates, either this week or next month — it concerned inflation, the issue of the moment. It was from the Office for Budget Responsibility (OBR), the official forecaster. People of a nervous disposition may wish to look away now. Even on Halloween it is a bit scary.
The OBR set out what is its central forecast for the consumer prices
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2021-10-30 23:01:00Z
CBMiZGh0dHBzOi8vd3d3LnRoZXRpbWVzLmNvLnVrL2FydGljbGUvYS1zY2FyeS1oYWxsb3dlZW4tc3Rvcnktb24taW5mbGF0aW9uLWFuZC1pbnRlcmVzdC1yYXRlcy1icG53OG02em7SAQA
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