BoE’s Pill stresses persistence in inflation fight
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<p>In a Financial Times interview, BoE Chief Economist Huw Pill emphasized the need for the MPC to avoid prematurely “declaring victory” in the fight against inflation, noting that CPI is still considerably above BoE’s 2% target, currently at 4.6%. Pill acknowledged UK’s economic slowdown, noting “slower growth in activity and employment.” However, he assessed that […]</p>
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