in economics or statistics, right? you re not going to have that very dramatic base effect. so you could start to see these headline inflation numbers start to cool off a little bit. i m still concerned, though, about food and fuel and that s because of the crisis in ukraine. that s going to be a big problem. no question. no sign of relief to that crisis in ukraine anytime soon. christine romans, thanks very much. very good thursday morning. i m jim sciutto. happening right now, the city of mariupol, which has suffered so much through this war, facing just unrelenting attacks in what could be russia s final push to overtake, or at least to attempt overtake the city. overnight, russian forces bombarded ukrainian troops. look at those pictures there, and civilians. to be clear, there are hundreds of civilians in the basement of that plant there overnight. that s the city s last line of defense. and where those civilians remain trapped. this new video shows russian troops inside that
that sort of thinking is why the bank of england is probably a bit behind where it needs to be in terms of managing price rises. we are expecting prices to fall back after the spring for several months. part of that is the base effect, you are comparing the high level of prices to an already high level of prices. so, some of it isjust to an already high level of prices. so, some of it is just sort of the sort of mathematical explanation. but i think we re going to continue to see higher prices for some time now. we re not actually expecting the rate of inflation to get back to its 2% target until 2024. its 2% target until 2024. right, nina skero. its 296 target until 2024. right, nina skero, great its 296 target until 2024. right, nina skero, great to its 296 target until 2024. right, nina skero, great to talk- its 296 target until 2024. right, nina skero, great to talk to i its 296 target until 2024. right, | nina skero, great to talk to even its 296 target until 2024. right, -