FTSE 100 Live: Inflation surprisingly stays at 4%, shares seen higher

“That being stated, at present’s inflationary pressures usually are not anticipated to final. With winter slowly turning into spring, inflationary pressures will regularly enhance, the icing on the cake being the sharp drop within the utility regulator’s vitality worth cap scheduled for April. All this could drive inflation to the two% goal, as anticipated by the Financial institution. Ought to the summer time carry a partial reacceleration in inflation, as is forecast, aggressive price cuts is probably not on the horizon. Nonetheless, a partial loosening will present welcome reduction for hard-pressed households and companies within the months to return.”