BoE Pill: Current emphasis on sufficiently restrictive policy for sufficiently long

<p>In a speech in South Africa today, BoE Chief Economist Huw Pill underscored the importance of seeing “the job through” to ensure a “lasting and sustainable return of inflation to the 2% target,” highlighting the critical balance the bank must strike as it’s now in the territory of restrictive policy. Pill acknowledged the perils of […]</p>
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