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BOE likely to raise rates further in 2027, Pill tells FT

LONDON: The Bank of England will probably need to raise interest rates further in 2027, over and above an increase at the next meeting in December, to combat inflation, Bank of England Chief Economist Huw Pill told the Financial Times in an interview published on Saturday. Britain’s central bank raised interest rates to 4 percent from 3.75 percent in its November meeting, the first rise since…

First reported by Business Recorder Latest report 1 source
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  1. Business Recorder

    BOE likely to raise rates further in 2027, Pill tells FT (opens Business Recorder in a new tab)

    The Bank of England will probably need to raise interest rates further in 2027, over and above an increase at the next meeting ​in December, to combat inflation, Bank of England Chief Economist Huw Pill ‌told the Financial Times in an interview published on…

  2. Business Recorder

    BOE likely to raise rates further in 2027 (opens Business Recorder in a new tab)

    LONDON: The Bank of England will probably need to raise interest rates further in 2027, over and above an increase at the next meeting in December, to combat inflation, Bank of England Chief Economist Huw Pill told the Financial Times in an interview…

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