Monetary Policy Evolution: Clear reduction in inflation volatility post-1997 Bank of England independence demonstrates effectiveness of institutional monetary policy frameworks.
Crisis Response Patterns: Major economic shocks (1973, 1979, 2008) show consistent inflation overshooting, highlighting importance of forward-looking policy stance.
Sectoral Dynamics: Housing and transport costs show higher volatility than overall inflation, indicating importance of disaggregated monitoring for policy effectiveness.
Target Achievement: Post-2000 period shows improved inflation anchoring around 2% target, supporting credible inflation targeting regime benefits.
