BANK OF ENGLAND CHIEF ECONOMIST: INFLATION BATTLE CANNOT BE DECLARED YET
British inflation is still going down, but the job is not finished yet.
The Bank of England cannot say they have fully won the fight against high prices.
The bank needs to be careful and smart when changing money policies.
Some wages are growing more slowly but are still quite high.
The Bank of England cut interest rates a little (0.25%) and may cut them more in the future.
