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BoE Pill: Self-sustaining, second-round-effect momentum could keep inflation high

BoE Pill: Self-sustaining, second-round-effect momentum could keep inflation high
BoE Chief Economist, Huw Pill, voiced his concern about the enduring momentum of inflation in the UK during an online event yesterday. Pill warned of the risk of a self-sustaining inflation cycle, where despite the dissipation of key short-term inflation drivers like rising energy and food costs, businesses and workers would continue to seek substantial […] The post BoE Pill: Self-sustaining, second-round-effect momentum could keep inflation high appeared first on Action Forex... Read More
Posted: May 16 2023, 03:16
Author Name: actionforex
Views: 110138

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