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BoE's Pill urges caution on rate cuts
BOE’s Pill Sees Need for Caution in Cutting Key Rate
The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday.
BoE's Pill urges caution on rate cuts after Bailey suggested faster pace
Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates, a day after Governor Andrew Bailey was quoted as saying the BoE might move more aggressively to lower borrowing costs.
BOE’s Top Economist Cautions Against Cutting Rates ‘Too Far or Too Fast’
Bank of England Chief Economist Huw Pill warned against cutting interest rates “too far or too fast” as he set out his case for a “gradual withdrawal” of restrictive monetary policy over the coming months.
Exchange Rates
1d
Pound Sterling Battles Back On BoE Pill’s Rhetoric, Above 3-Week Dollar Lows
In response, the Pound secured a limited bounce with the Pound to Dollar (GBP/USD) exchange rate advancing to 1.3160 from ...
Forex Factory
1d
BOE's Pill: Cross-checking
Good morning. Thanks to the organisers of the ICAEW annual conference for the opportunity to speak here today. In giving a ...
1d
Sterling ticks up, but set for worst week in more than a year
The British pound gained ground against the dollar and the euro on Friday after a steep plunge a day earlier when Bank of ...
Exchange Rates
1d
Pound US Dollar Exchange Rate Plunges On BoE Bailey Comments
The Pound US Dollar (GBP/USD) exchange rate plunged on Thursday morning as some dovish comments from Bank of England (BoE) ...
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