Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half of the year, it is 'unlikely' to have longer-lasting effects on everyday pri
Bank of England chief economist downplays fears over inflation surge
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday prices longer term.
Bank of England pour doubts over major interest rate cut with fresh inflation prediction: Live
Bank of England chief faces questions over economy gloom and stagflation after interest rate cut: Live - Interest rates were cut from 4.75 per cent to 4.5 per cent on Thursday
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport,
Bank of England Chief Economist: Job on inflation not done yet
"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and cutting bank rate," Pill said.
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves - Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation
dailybusinessgroup5h
Stubborn inflation may hold back rate cuts, says Pill
The Bank of England's chief economist Huw Pill has cautioned against expecting rapid interest rate cuts this year, saying ...
Bank of England's chief economist opposes hasty interest rate cut
Bank of England Chief Economist Huw Pill has expressed disagreement with colleagues who are advocating for a substantial ...
devdiscourse20h
UK Stocks Dip Amid Tariff Concerns and Weak U.S. Jobs Data
UK stocks faced a decline as the FTSE 100 eased from a record high, affected by uncertainty around tariffs and underwhelming ...
FTSE 100 eases from record high on tariff uncertainty, weak US jobs data
UK stocks dipped on Friday as tariff uncertainties and weaker-than-expected US jobs growth impacted investor sentiment. The ...
Stronger wage growth requires caution and care on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round price pressures but stronger-than-expected wage growth seen to date was a ...