A half-point increase in the peak of inflation, a one-year extension in the return to a sustainable rate of 2%, and slower than anticipated rate cuts, all flow from her red box, the Bank forecasts.

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation.

You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. Learn more today.