![BOE Bailey](https://images.forexlive.com/images/BOE%20Bailey_id_f9e46c6a-8f2b-4aaf-8b82-d0c4961c213d_size900.jpg)
- Food inflation appears to have peaked
- We expect inflation to fall to around 5% in October
- Services inflation brings "unwelcome news" since May though
He is still just reading from the statement mostly for now. We'll get to the Q&A later for the more interesting bits and pieces.