UK inflation seen softening to 2% from about 3% - BAML - Reuters

Reuters just published a story on the latest Bank of America Merril Lynch report, with the key quotes found below:

• No end in sight to global low-inflation, low-rate environment
• Falling auto, apparel prices, risk of slowing rent growth pose downside risk on U.S. core inflation
• General core inflation trend in emerging economies stems from tepid economic activity
• U.K. inflation seen softening to 2 pct from about 3 pct if Brexit-related economic weakness persists