Tue, Aug 09, 2022 @ 14:44 GMT
HomeLive CommentsBoE Pill: We need flexibility on rates according to cirumstances

BoE Pill: We need flexibility on rates according to cirumstances

BoE Chief Economist Huw Pill told Bloomberg Television, the BoE is not “behind the curve” on tightening.

But he added that investors should not assume there will be another 50bps rate hike in September. “Given the uncertainties we face, I think we need flexibility either to go further, or to stay where we are, and the pace at which we go further to be varied according to circumstances,” he said.

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