Market expectations of average inflation over next five years are for 5% pa in the UK! Does that sound at

Market expectations of average inflation over next five years are for 5% pa in the UK! Does that sound at all plausible? If so, doesn’t it imply all sorts of options with regard to financial repression, burning off debt etc. @DuncanWeldon @ChrisGiles_
ft.com/content/088d33… https://t.co/h0V0wPzKig

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