Bank of England Warns of Inflation Surge

The Bank of England left monetary policy unchanged on Thursday, but warned of above-target inflation in the near-term. The Bank raised its fourth quarter inflation forecast to 4%, from a 2.5% estimate in June, following two consecutive months of above-forecast readings. Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights