Inflation in the UK decreased for the second consecutive month in March, primarily due to lower fuel prices. Consumer prices rose by 2.6%, down from 2.8%, but remain above the Bank of England's 2% target. Economists expect the Bank to cut interest rates next month, despite concerns about rising inflation due to higher energy bills and global factors, including US tariff policies. The potential for further rate cuts is debated, with some predicting three or four cuts by year-end, while others caution about persistent inflation.