An “age of uncertainty”, especially over the path of inflation, means that rapid interest rate cuts are unlikely to be coming ...
The Treasury select committee session on the recent Bank of England monetary policy reports, inflation and interest rates in the UK, from Wednesday 5 March.
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Interest rate cuts might not be 'rapid', BoE chiefs warnGiving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might ... That entails maintaining some restrictiveness in the monetary policy stance 'That points against both ...
Bank of England governor Andrew Bailey on March 5 told members of the UK parliament’s treasury select committee that disinflation was still on track. Defending his decision to vote for the 25 basis ...
Others on the Monetary Policy Committee preferred the term "careful" which was adopted in its guidance on borrowing costs. Pill said he had argued since last year that the BoE needed to be ...
Huw Pill said that despite forecasts of inflation ... process of inflation… that we are influencing through monetary policy.” Mr Pill was speaking a day after the Bank cut interest rates ...
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