michael huesler is - because it is working. jeremy hunt. michael huesler is a i hunt. good news, isn't it, that inflation is forecast to fall more rapidly than we had expected previously. most investors now are banking on a rate cut may be injune? what are your thoughts? rate cut may be in june? what are your thoughts?— are your thoughts? good morning- _ are your thoughts? good morning. it's _ are your thoughts? good morning. it's definitely l are your thoughts? good i morning. it's definitely my thinking. certainly, the energy price cap falling in april will help inflation to fall back, pull back the target which is currently at 11%. and when you think about one year ago, we were about 10.5 so progress has been made. but i think we are focusing on the wrong thing here — it's not really about whether or not we get a rate cut in june whether or not we get a rate cut injune this year. i think we will get a rate cut this year. it's really how many we get. inaudible has already fallen, we have seen in the guild market, so we've seen a significant easing of policy and rates