How can the BoE mitigate inflation staying power

The pandemic, the energy crisis, and the Russia-Ukraine crisis have combined to create serious inflationary pressure in the UK. The Bank of England has taken a steady approach so far, but investors are struggling to understand why more drastic action has not yet been taken to bring inflation under control. Schroders considers what action the Bank of England might need to take to ensure this current high inflationary period is temporary.