BOE’s Pill: Distinctive domestic factors could make UK inflation more persistent


  • Comments from BOE chief economist Hew Pill
Adam Button

Adam Button

Monday, 09/01/2023 | 15:33 GMT-0

09/01/2023 | 15:33 GMT-0

This is hawkish stuff. The next decision is Feb 2 and the consensus is a 69% chance of a 50 bps hike with the remainder at 25 bps.

Cable is at the highs of the day at 1.2205, though much of that is broad USD weakness.

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