Fundamental: BOE’s Huw Pill Says Persistent Inflation May Justify Rate Hike

Bank of England Chief Economist Huw Pill said signs of persistent inflation would justify more increases in interest rates because the longer prices remain elevated the more likely they are likely to bed down into expectations. Pill said policy makers need to be alert to the risk of "inflation persistence" and act accordingly to reduce consumer price ...     Alert Apr 4, 2023, 11:13pm Fundamental: BOE's Huw Pill Says Persistent Inflation May Justify Rate Hike Bank of England Chief Economist Huw Pill said signs of persistent inflation would justify more increases in interest rates because the longer prices remain elevated the more likely they are likely to bed down into expectations. Pill said policy makers need to be alert to the risk of "inflation persistence" and act accordingly to reduce consumer price ... 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