Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead to second-round price pressures, but that recent strong pay growth was a reason for “caution” towards future interest rate cuts. Pill said he was surprised by data that had...
https://www.hellenicshippingnews.com/stronger-wage-growth-justifies-caution-on-rates-says-boes-pill/