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Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live - Interest rates were ...
Huw Pill, the Bank’s chief economist, said the battle against inflation was not yet ‘job done’ and that a slowdown in the speed of price increases ‘may be not quite as strong as we had ...
(Bloomberg) -- Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.
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