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
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"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
Locations
All Coverage
Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed
Similar Stories
Related coverage based on topic and tags
Bank of England's Pill says interest rates will need to rise - Reuters
Bank of England's Pill says interest rates will need to rise Reuters
July 9, 2026 at 07:04 PMIndia's inflation breaches target after more than a year, setting stage for rate hikes - Reuters
India's inflation breaches target after more than a year, setting stage for rate hikes Reuters
July 13, 2026 at 12:09 PMUK jobs market downturn eases as pay pressure pick up, survey shows - Reuters
UK jobs market downturn eases as pay pressure pick up, survey shows Reuters
July 7, 2026 at 11:13 PMNY Fed survey reports rising near-term inflation expectations in June - Reuters
NY Fed survey reports rising near-term inflation expectations in June Reuters
July 7, 2026 at 03:11 PMBank of England sees growing risks to financial stability from AI - Reuters
Bank of England sees growing risks to financial stability from AI Reuters
July 7, 2026 at 11:16 AMBank of England sets out plan to ease bank leverage rules - Reuters
Bank of England sets out plan to ease bank leverage rules Reuters
July 7, 2026 at 12:10 PM