BoE’s Pill advocates patience, rate cut remains some way off

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<p>BoE Chief Economist Huw Pill articulated a cautious stance on the prospect of interest rate cuts, noting that such a move remains &#8220;some way off.&#8221; He underscored the absence of adequate evidence suggesting a trajectory towards the inflation target, which necessitates a sustained period of tight monetary policy to mitigate domestic inflationary pressures. &#8220;Crucially, for [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/538114-boes-pill-advocates-patience-rate-cut-remains-some-way-off/">BoE&#8217;s Pill advocates patience, rate cut remains some way off</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>