- BOE’s Pill: Won't be deflected from monetary policy objectives with fiscal concerns
Market news
6 July 2022
BOE’s Pill: Won't be deflected from monetary policy objectives with fiscal concerns
Bank of England (BOE) Chief Economist Huw Pill said on Wednesday, “we won't be deflected from monetary policy objectives with fiscal concerns.”
Additional quotes
Willing to back more rapid rate hikes than the string of 25 basis point increases imposed so far, if data showed it necessary.
We won't be deflected from monetary policy objectives with fiscal concerns.
Sceptical we know enough about 'R star' natural rate of interest that we can use it in real-time policy.
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