BoE’s Pill: Interest rate cuts “some way off” pending inflation evidence
BoE Chief Economist Huw Pill suggested in a speech that interest rate cut is still “some way off” in his baseline scenario. He emphasized the need for more “compelling evidence” that the persistent component of UK CPI inflation is is being “squeezed down” towards rates that align with 2% inflation target on a lasting and […] The post BoE’s Pill: Interest rate cuts “some way off” pending inflation evidence appeared first on Action Forex.
BoE Chief Economist Huw Pill suggested in a speech that interest rate cut is still “some way off” in his baseline scenario. He emphasized the need for more “compelling evidence” that the persistent component of UK CPI inflation is is being “squeezed down” towards rates that align with 2% inflation target on a lasting and […]
The post BoE’s Pill: Interest rate cuts “some way off” pending inflation evidence appeared first on Action Forex.
