BoE’s Pill Sees Inflation Risks Bringing MPC Together, but Four Hikes May Be Too Many

Bank of England Chief Economist Huw Pill expressed skepticism over market expectations for four interest-rate hikes over the coming year, while maintaining that further monetary tightening was necessary to contain inflation. Speaking at a Citi event on the sidelines of the IMF meetings in Bangkok on Wednesday, Pill acknowledged that the BoE still had “some […]

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