The Independent Follow Bank of England boss insists it is ‘not complacent’ about tackling UK inflation Mr Bailey said he was ‘not happy’ that the rate of Consumer Prices Index (CPI) inflation was above the Bank’s 2% target. https://www.independent.co.uk/news/business/andrew-bailey-bank-of-england-press-association-one-cnbc-b3006138.html independent.co.uk