BoE’s Pill emphasizes focus on long-term inflation amid temporary budget impact

In a briefing today, BoE Chief Economist Huw Pill emphasized that while the recent budget is expected to give inflation a temporary boost, the primary focus will remain on underlying, longer-term inflationary pressures. Pill is more more concerned with structural inflation trends than short-term fluctuations triggered by fiscal policies. “To a large extent, we will […]

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