Interest rates may need to rise this year, says Bank of England economist
Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed
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"I think that's a reflection of the fact that, in part, we've had some bad luck, we've been subject to challenges, but perhaps we've been a little bit over optimistic about what the trend growth in the economy is."
— Huw Pill , Executive
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Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed
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