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Britain’s inflation rate could be about to drop below the Bank of England’s 2% target

Britain's inflation rate could be about to drop below the Bank of England's 2% target

A shopper selects fresh produce from a market stall in the Kingston district of London, UK, on Monday, May 20, 2024. 

Bloomberg | Bloomberg | Getty Images

LONDON — U.K. inflation could be about to hit a major milestone, with some forecasting that a sharp fall in the April print will take the headline rate below the Bank of England’s 2% target.

That would represent a plunge from the current level of 3.2% and could “make or break” a June…


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