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Bank of England’s Pill says he’s sceptical about market pricing four rate hikes
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3 Articles
Bank of England’s Pill says he’s sceptical about market pricing four rate hikes
Oct 14 (Reuters) - Bank of England Chief Economist Huw Pill, who had voted in favour of raising rates, said on Wednesday he was more sceptical about market pricing of four quarter-point increases to borrowing costs by the BoE over the next year. "Is ...
Bank of England Chief Economist Huw Pill believes further interest rate hikes may be needed, but is skeptical of market expectations of four 25 basis point increases over the coming year, he said on Wednesday, according to Reuters.
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Bias Distribution
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100% Center
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