✉news BusinessBanking first seen 2 d ago, last 1 d ago, peak #4
Bank of England's Pill Skeptical Four Rate Rises Needed to Tame Inflation
Original: BOE’s Pill ‘Skeptical’ Four Rate Rises Needed to Tame Inflation
Huw Pill, chief economist at the Bank of England, said he is skeptical that four interest rate increases will be required to bring UK inflation back to target. His comments give markets a read on the central bank's tightening path, with investors weighing how aggressive policymakers will need to be as they balance persistent price pressures against risks to growth.
Why now: Investors are watching closely for signals on how far the Bank of England will go with further rate hikes.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2204496