✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #17
BoE's Pill says a rate hike need not start a long series
Original: BoE's Pill says a rate hike need not be start of long series
Bank of England chief economist Huw Pill said that raising interest rates would not necessarily mark the beginning of a long sequence of hikes, signalling a more measured approach to future monetary policy. His remarks come as markets and businesses watch closely for clues on how far and how fast the BoE may move to curb inflation.
Why now: Investors are weighing Bank of England officials' comments for signals on the pace of future UK interest rate rises
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