Bank of England Chief Economist Huw Pill said on Friday that interest rates will probably need to be cut more slowly because ...

Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates "too far or ...

Chief economist Huw Pill said rates will probably need to be cut more slowly. The warning came with inflation in the UK the ...

Huw Pill, chief economist at the Bank, said in a speech in London that he ‘would expect further cuts’ in the coming year.

The BOE’s Huw Pill called for the pace of cuts to be slowed in recognition of stubborn high inflation.

The cost of living is forecast to hit its highest level this year, coming in at 4% when official data is published next week.

The BOE's Monetary Policy Committee has lowered its key rate five times since August 2024, at a pace of one quarter-point cut every three months. In a speech, Huw Pill called for that pace to be ...

The week begins with September house price, property investment and sales data, which are expected to underscore the sector's prolonged slump. A Wall Street Journal poll suggests the economy likely ...

The Bank of England's top economist has cautioned against hasty reductions to borrowing costs while the consumer price index (CPI) rate of inflation remains stubbornly elevated. Huw Pill indicated ...