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BOE’s Pill Says Further Rate Hikes Likely in 2027

Bank of England Chief Economist Huw Pill told the Financial Times that rates will probably need to rise further in 2027, beyond an increase at the December meeting, to combat inflation.

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 inte…

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