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BoE's Pill urges caution on rate cuts

The Wall Street Journal on MSN · 3d

BOE’s Pill Sees Need for Caution in Cutting Key Rate

The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday.

Hosted on MSN · 3d

BoE's Pill urges caution on rate cuts after Bailey suggested faster pace

Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates, a day after Governor Andrew Bailey was quoted as saying the BoE might move more aggressively to lower borrowing costs.

Bloomberg L.P. · 3d

BOE’s Top Economist Cautions Against Cutting Rates ‘Too Far or Too Fast’

Bank of England Chief Economist Huw Pill warned against cutting interest rates “too far or too fast” as he set out his case for a “gradual withdrawal” of restrictive monetary policy over the coming months.

Irish Examiner23mOpinion

David McNamara: Bank of England’s muddled messaging continues

BoE governor Andrew Bailey has pivoted from cautioning against cutting interest rates too fast or by too much to saying only ...

Forex Factory3d

BOE's Pill: Cross-checking

Good morning. Thanks to the organisers of the ICAEW annual conference for the opportunity to speak here today. In giving a ...

Mortgage Strategy2d

BoE’s Pill contradicts Bailey over pace of rate cuts

Inflation came in at 2.2% in August, unchanged from July, just above the BoE’s 2% target. Last month, the MPC voted to hold bank rate at 5%, following a 0.25% cut in August. Its first reduction in ...

Morningstar3d

BOE's Pill Sees Need For Caution In Cutting Key Rate — Update

His comments follow an interview with BOE Gov. Andrew Bailey published by the Guardian newspaper Thursday in which he said more "aggressive" cuts are possible if inflation continues to cool. Pill ...

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