The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday.
Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates ...
Bank of England Chief Economist Huw Pill warned against cutting interest rates “too far or too fast” as he set out his case ...
High levels of interest rates are not a key reason behind weakness in British business investment, Bank of England Chief ...
The Bank of England’s chief economist said the base rate should not be cut “too far or too fast,” — which comes a day after ...
Huw Pill, member of the Bank of England’s Monetary Policy Committee, said it acted “too early” when it cut the base rate in ...
Pill added that the “need for such caution points to a gradual withdrawal of monetary policy restriction.” Further cuts in bank rate remain in prospect but it will be important to guard against the ...
The Bank of England should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday. In a speech, Pill said inflation would only decline if the ...
LONDON, Oct 4 (Reuters) - High levels of interest rates are not a key reason behind weakness in British business investment, Bank of England Chief Economist Huw Pill said on Friday. "When you ask ...
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 ...
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.