- BoE’s Pill: We are trying to understand why we have made errors in inflation forecasts
Market news
23 May 2023
BoE’s Pill: We are trying to understand why we have made errors in inflation forecasts
Bank of England (BoE) Chief Economist Huw Pill testifies before the UK parliament's Treasury Select Committee (TSC) about the central bank's May Monetary Policy Report.
Key quotes
We are trying to understand why we have made errors in inflation forecasts.
Longer-term inflation expectations have not drifted away from target.
Related reads
- BoE’s Bailey: Inflation has turned the corner
-
UK Preliminary Services PMI edges lower to 55.1 in May vs. 55.5 expected
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page