Bank of England's Pill urges rate cut caution after Bailey suggested ...
WEB4 days ago · The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day after Governor Andrew Bailey was quoted as saying the BoE might move more ...
BOE's Pill Sees Need for Caution in Cutting Key Rate
WEB4 days ago · Pill's 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.
BOE’s Chief Economist Pill Cautions Against Cutting Rates ‘Too …
WEB4 days ago · October 4, 2024 at 4:58 AM EDT. Save. Bank of England Chief Economist Huw Pillwarned against cutting interest rates “too far or too fast” as he set out his case for a “gradual withdrawal ...
BoE's Pill says high interest rates not depressing investment
WEB4 days ago · "When you ask about business (investment) intentions, the role played by the level of interest rates - whether interest rates are 5% or 4% - that is not something that people are screaming about ...
BOE’s Pill Sees Need for Caution in Cutting Key Rate
WEB4 days ago · The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday. Pill said it was important to guard against cutting rates either too far or ...
BoE's Pill says it is too soon to cut rates but confidence growing
WEBLONDON, May 9 (Reuters) - Bank of England Chief Economist Huw Pill said on Thursday that members of the central bank's Monetary Policy Committee were more confident that they would soon be able...
Bank of England chief economist points to ‘persistence’ of …
WEBJul 10, 2024 · Pill was speaking as the BoE prepares for its next interest rate decision on August 1, when many economists think it may pull the trigger on a cut from the current 5.25 per cent. His words...
BoE likely to flag future rate cuts as divided policy committee meets
WEBMay 7, 2024 · Pill is likely to be joined by external MPC members Jonathan Haskel, Megan Greene and Catherine Mann in advocating unchanged rates this week.
BOE’s Pill Signals Lingering Concerns on Inflation Persistence
WEBJul 10, 2024 · Bank of England Chief Economist Huw Pill said that the timing of an interest rate cut is still an “open question,” prompting traders to push back bets on a reduction next month.
BoE's Pill Sees 'Open Question' on Timing of First Rate Cut - U.S. News
WEBJul 10, 2024 · LONDON (Reuters) -Bank of England Chief Economist Huw Pill dampened expectations of an August interest rate cut on Wednesday as he focused on strong price pressures in Britain's economy and said...