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The Latest Breaking News from Huw Pill

Bank of England poised to hike interest rates to 1.25% in battle against inflation

Base rate of interest currently stands at 1 per cent - its highest point in 13 years

The Independent UK

Bank of England chief economist Huw Pill on inflation, interest rates and the labour market

He believes interest rate rises could have some say to go while whether those who left the workforce due to the pandemic will return is a big question for the UK economy

Birmingham Post

Chief BoE economist: we’ll squeeze economy more to tame inflation

Bank of England’s Huw Pill warns ‘further work needs to be done’ after recent base rate rises

The Guardian - UK

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New warning as interest rates may rise further

Deputy prime minister Dominic Raab says support is already in place

Evening Standard

Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist

Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff

Birmingham Post

BoE economist sees interest rates rising higher; retail sales bounce despite inflation – as it happened

BoE’s Huw Pill says MPC faces its biggest challenge in 25 years, and indicates further monetary tightening needed to avoid wage-price spiral

The Guardian - UK

Interest rate rises should be ‘steady handed’, says Bank’s top economist

Huw Pill warned against ‘unusually large policy steps’ after four of the Bank’s policymakers voted last week for a half point rise in rates.

The Independent UK

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Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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