Inflation rose to 3% in January, hitting its highest level in 10 months. The Bank of England has already said that inflation is likely to reach 3.7% this year. While inflation is expected to fall back to the 2% target, Bank of England policy makers know all too well that forecasts could be proved wrong. The UK will not be immune from global shocks. Global trade tariffs or developments in the Middle East could impact prices. Would that lead the Bank of England to change course on interest rates? We speak to leading economists to find out.