Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation Economics In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".
Bank of England’s Pill: Summer interest rate cuts ‘not unreasonable’ but ‘still some work to do’ UK economy Speaking at an event run by the Institute of Chartered Accountants in England and Wales (ICAEW), Pill stressed that the Bank's focus would be on the persistent components of inflation in the weeks ahead.