Expect that Boe reduces his inflation prospects, says Skarica

Bruna Skarica, British economist at Morgan Stanley, discusses the prospects for inflation in today's decision of the Bank of England. Speaking to Bloomberg Television, she says that the BOE is likely to “significantly reduce” its short -term inflation prospects. “We actually think that they will predict something about 3% at the end of the year and potentially 2% for this period next year,” said Skarica.