What next for inflation and interest rates?

%VIRTUAL-SkimlinksPromo%Both inflation and unemployment continue to fall, but the Bank of England says rates will remain on hold.

To coincide with his first quarterly Inflation Report back last August, Bank of England Governor Mark Carney set out 'forward guidance' on interest rates. Yet he's already been forced to change the benchmarks the bank's Monetary Policy Committee (MPC) will use to judge when it's the right time to raise rates.