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 ...
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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 ...
Stronger wage growth justifies caution on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...
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.
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Bank of England interest rates warning issued over need for multiple cuts
Alan Taylor, an external member of the Bank's Monetary Policy Committee (MPC), which sets the base rate, suggested that a series of radical cuts could be necessary to prevent a severe downturn in ...