BoE’s Pill suggests rate cuts by mid-2024 “not totally unreasonable”

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<p>In an online event overnight, BoE Chief Economist Huw Pill acknowledged the slower pace of reduction compared to global counterparts. The UK has also seen inflation climbed higher. Despite this lag, he expressed confidence that &#8220;We&#8217;re going to see the UK get down to levels more comparable to what we&#8217;re seeing in the rest of [&#8230;]</p>
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