Bank of England's Pill: Does not want to give a steer that first BOE tightening will be 15 basis point move

BOE Huw Pill

BOE Huw Pill
  • Does not want to give a steer that the first BOE tightening will be 15 basis point move
  • There is an attraction to getting the level rates back to 25 basis point increments
  • On back of recent data burden of proof is on those not wanting to raise rates

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