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Interest rate hikes unlikely to be a repeat of 2022, says Bank’s chief economist

Huw Pill said policymakers may need more increases if higher energy costs start lifting wages and shop prices.

Summary by The Independent
Huw Pill, a member of the Bank’s rate-setting committee, said key evidence for policymakers will emerge in the spring of 2027.

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Interest rate hikes unlikely to be a repeat of 2022, says Bank’s chief economist

Huw Pill, a member of the Bank’s rate-setting committee, said key evidence for policymakers will emerge in the spring of 2027.

·London, United Kingdom
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The Independent broke the news in London, United Kingdom on Friday, November 6, 2026.
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