Huw Pill: BoE must 'see the job through' against inflation

BoE chief economist warns fight against rising prices is not over

Elliot Gulliver-Needham
clock • 2 min read
‘The key element is that we on the MPC need to see the job through and ensure a lasting and sustainable return of inflation to the 2% target,’ Pill said. Credit: Bank of England
Image:

‘The key element is that we on the MPC need to see the job through and ensure a lasting and sustainable return of inflation to the 2% target,’ Pill said. Credit: Bank of England

The Bank of England (BoE) must "see the job through" in its battle against inflation, according to BoE chief economist Huw Pill, who argued the fight to stop prices rising was not yet over. Spea...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

BT Group gross IAS 19 pension deficit increases by £1.7bn

BT Group gross IAS 19 pension deficit increases by £1.7bn

Full-year results show deficit increased from £3.1bn to £4.8bn as at 31 March 2024

Martin Richmond
clock 16 May 2024 • 1 min read
Uptick in number of registered deaths in 2023, figures show

Uptick in number of registered deaths in 2023, figures show

ONS data shows mortality rate saw a 4.7% surge compared to the five-year average

Martin Richmond
clock 16 May 2024 • 2 min read
Savers withdraw average of £47,000 prior to retirement, research finds

Savers withdraw average of £47,000 prior to retirement, research finds

Scottish Widows finds more than three in four retirees have withdrawn funds early

Martin Richmond
clock 16 May 2024 • 2 min read
Trustpilot