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HUW PILL
Global Market: BoE’s Pill says central banks must stay focused on fighting inflationBank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions amon...- Gold nudges higher with inflation risks, Fed rate path in focusOn Friday, gold prices experienced a modest uptrend as investors weighed concerns about inflation alongside potential interest rate hikes b...
- Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
- Global Market: Bank of England’s Pill says early rate hike could limit future inflation pressureBank of England Chief Economist Huw Pill said an early interest rate hike could help contain rising inflation pressures and reduce the need...
- Global Market: Bank of England’s Pill says early rate hike could limit future inflation pressureBank of England Chief Economist Huw Pill has backed an early interest rate hike to prevent temporary inflationary pressures linked to the I...
- Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
- Global Market: Bank of England expected to hold rates steady as inflation risks stay in focusThe Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...
- Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
- Global Market | BOE on knife edge over rates awaits pivotal UK inflation dataThe Bank of England faces a crucial week of economic data releases, including inflation and labor market figures, following a narrow decisi...
- UK inflation jumps to higher-than-expected 3.5% in April, ONS saysBritish inflation saw an unexpected surge to 3.5% in April. This is up from 2.6% in March. Gas, electricity, and water prices increased. Em...
- FTSE 100 eases from record high on tariff uncertainty, weak US jobs dataUK stocks dipped on Friday as tariff uncertainties and weaker-than-expected US jobs growth impacted investor sentiment. The FTSE 100 fell b...
- UK pay growth weakest since February 2021, REC survey showBritain's job market cooled in September with pay growth at its slowest in nearly four years. Permanent job placements continued to decline...
- Bank of England to hold its line against rate cut talkThe Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks...
- Soaring UK wages spur inflation risks, says BoE chief economistGovernor Andrew Bailey said it's too early to talk about the possibility of reducing interest rates, Pill said “more persistence in wage an...
- Bank of England still needs to 'see the job through' on inflation: Pill"On balance the onus remains on ensuring enough monetary tightening is delivered to 'see the job through' and sustainably return inflation ...
- Sterling breaks above $1.25 for first time since JuneSterling gained strength, breaching $1.25 for the first time since June, despite a warning of an upcoming interest rate cut from Bank of En...
- Banks oppose cut in interest on cash at bank of EnglandTwo former BOE officials in recent weeks have said the UK government should consider reducing the interest paid on some deposits held by co...
- IMF and Moody's censure UK policy, Bank of England says will act bigThe rare intervention from the global lender of last resort piled more pressure on new finance minister Kwasi Kwarteng to reassess a policy...
- Dollar soft, Aussie firm as sentiment recovers before US jobs dataThe safe-haven dollar hovered below a one-year high to major peers on Friday amid improved risk sentiment, while traders awaited clues on t...
- Greece will make market suffer, but it's not as bad as 2011 crisis: GSGreece is on the brink of default. The country is a day away from a major debt payment that it cannot pay.
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