Inflation could hit zero within months, defying Bank of England predictions, City economists say

City economists are increasingly convinced that inflation is falling more sharply than the Bank of England expects and could even hit zero within months.

That would open the path to much faster interest cuts than the market expects, a boost to family finances and to the Conservative Party ahead of a looming general election.

The now think inflation will be below the ’s 2% target as soon as May – and perhaps