The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target. Economic Conditions and Trends, Inflation (Economics), Prices (Fares, Fees and Rates), Interest Rates, Bank of England, International Monetary Fund, Georgieva, Kristalina Ivanova, Hunt, Jeremy The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target. NYT > Business