The BOE should proceed cautiously in lowering borrowing costs as inflation cools, Chief Economist Huw Pill said Friday.

High levels of interest rates are not a key reason behind weakness in British business investment, Bank of England Chief ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with ...

Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates ...

The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day ...

Bank of England Chief Economist Huw Pill warned against cutting interest rates “too far or too fast” as he set out his case ...

Huw Pill, member of the Bank of England’s Monetary Policy Committee, said it acted “too early” when it cut the base rate in ...

The Bank of England’s chief economist said the base rate should not be cut “too far or too fast,” -- which comes a day after ...

Pill added that the “need for such caution points to a gradual withdrawal of monetary policy restriction.” Further cuts in bank rate remain in prospect but it will be important to guard against the ...

In response, the Pound secured a limited bounce with the Pound to Dollar (GBP/USD) exchange rate advancing to 1.3160 from ...

Huw Pill contradicted governor Andrew Bailey’s suggestion that policymakers could become 'more aggressive' in cutting ...