BoE Urges Tight Monetary Policy to Tackle Rising Inflation ...Middle East

BoE's Pill: UK monetary policy must stay tight to lower inflation(Reuters) - Bank of England Chief Economist Huw Pill said on Thursday that the central bank needed to maintain a restrictive stance for monetary policy, as embodied in the BoE's latest forecasts, in order to return inflation to target.Pill said on Monday market pricing pointing towards a first interest rate cut in August 2024 "doesn't seem totally unreasonable". His comments led to a sharp fall in short-dated government bond yields on Tuesday. This article was written by Ryan Paisey at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( BoE Urges Tight Monetary Policy to Tackle Rising Inflation )

Also on site :

• Opinion: Tolerance of diversity is central to San Diego’s economic growth
• ‘Deeply concerned’ over India press censorship, says X as accounts blocked
• King Charles, 76, Draws Concern From Royal Watchers Amid Cancer Treatments