Fundamental: Bank of England’s Top Economist Signals Pace of Rate Hikes May Slow

Bank of England Chief Economist Huw Pill signaled policy makers are ready to reduce the speed of their interest rate increases, saying there's a risk of "overtightening" if the pace over the past few months is maintained. The official who sits on the nine-member Monetary Policy Committee also said the labor market has shown signs of loosening, a suggestion ...     Alert Feb 17, 2023, 3:03am Fundamental: Bank of England's Top Economist Signals Pace of Rate Hikes May Slow Bank of England Chief Economist Huw Pill signaled policy makers are ready to reduce the speed of their interest rate increases, saying there's a risk of "overtightening" if the pace over the past few months is maintained. The official who sits on the nine-member Monetary Policy Committee also said the labor market has shown signs of loosening, a suggestion ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support