BoE: No room for complacency on inflation – Huw Pill

UK inflation remains ‘too high’ as ​​they face second-round effectsBank of England chief economist Huw Pill said on Thursday, Reuters reports.

Additional comments

“There is no room for complacency about inflation.”

“There are cases for caution on inflation despite the fall in the headline rate.”

“Some inflation indicators have been less benign of late.”

“There is a lot of pending politics.”

“We have to get the job done on inflation,”

“We have to make sure we do enough on monetary policy.”

“There is the possibility of doing too much to fight inflation.”

“Monetary policy needs to be tight enough for long enough.”

Source: Fx Street

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