Official·Sparks at Bank (BoC)·Central Bank·12h ago·EuropeWhen supply shocks make inflation harder to controlSupply disruptions were a key driver of inflation during the pandemic.Key contextSourceSparks at Bank (BoC) — primary sourceScopeEurope · GBThemeMonetary Policy, Inflation, HousingSignalspolicy rate path, forward guidance, yield curveWhy it mattersBoC's policy stance directly shapes borrowing costs across UK, because rate decisions feed through to mortgages and bond yields.Monetary PolicyInflationHousingMarketsGBRead original article →