<sod >It thinks the rate will go over the Bank fo England's 2 per cent target, peaking at 2.5 per cent, before coming back to target by 2020.< eod>< sod > It thinks the rate will go over the Bank of England's 2 per cent target next year and peak at 2.5 per cent in 2018 before returning back to target by 2020.< eod>