BoE economist: Risk of 'persistent inflation' could affect rate cuts

NAMPA / DPA

2025-08-08

London (PA Media/dpa) - The top economist at the Bank of England (BoE) has warned there is an increased risk of "persistent inflation" despite the central bank cutting interest rates. Huw Pill, chief economist at the BoE, stressed there has been "progress" in bringing inflation down in recent months, in a briefing following the latest interest rate decision. It came a day after the bank's rate-setting committee voted to reduce the base interest r......

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