BoE’s Pill questions cut pace, says inflation risks may delay easing

BoE Chief Economist Huw Pill signaled that the central bank may need to reconsider its steady pace of easing if shifts in longer-term inflation dynamics persist. In a briefing to business leaders, Pill acknowledged that inflation pressures are likely to keep easing, but warned that price- and wage-setting behavior” may delay further policy easing. “That […]

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