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BoE's Pill urges caution on rate cuts
BoE's Pill urges caution on rate cuts after Bailey suggested faster pace
Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates, a day after Governor Andrew Bailey was quoted as saying the BoE might move more aggressively to lower borrowing costs.
BOE’s Pill Sees Need for Caution in Cutting Key Rate
The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday.
BoE’s Pill opposes Bailey and says August base rate cut was ‘too early’
Huw Pill, member of the Bank of England’s Monetary Policy Committee, said it acted “too early” when it cut the base rate in August.
17h
on MSN
Bank of England’s Huw Pill: ‘Ample reason for caution’ on interest rates
Huw Pill, chief economist at the Bank of England, called for a “gradual” approach to cutting interest rates, citing continued ...
17h
on MSN
Interest rates should not be cut ‘too far or too fast’, warns Bank economist
Huw Pill has signalled that rates should be cut in a ‘gradual’ manner, amid caution over the long-term path of inflation.
5h
on MSN
Hopes of 'aggressive' interest rate cuts fade
In Britain, Bank of England chief economist Huw Pill called for 'caution' as he warned against 'cutting rates either too far ...
Econostrum English on MSN
1d
UK Pound Sinks as BoE Hints at More Aggressive Rate Cuts on the Horizon
The British pound experienced a significant decline following comments from Andrew Bailey, the Governor of the Bank of ...
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