BoE chief economist defends inflation forecast record

Pill has written to the Treasury Select Committee

Elliot Gulliver-Needham
clock • 2 min read
BoE chief economist Huw Pill. Credit: Bank of England
Image:

BoE chief economist Huw Pill. Credit: Bank of England

The Bank of England should continue to rely on economic modelling when making monetary policy decisions, Bank of England (BoE) chief economist Huw Pill has argued.

Writing to Harriet Baldwin, chair of the Treasury Select Committee (TSC), Pill defended the use of forecasts in the monetary policy process, arguing they "help to develop a narrative for the evolut...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Diversification must not come at expense of fiduciary duty, PMI warns

Diversification must not come at expense of fiduciary duty, PMI warns

CEO Gareth Tancred says allocation to private markets must be ‘measured and transparent’

Holly Roach
clock 21 November 2025 • 2 min read
News Digest: Breaking triple lock could double pensioner poverty, data shows

News Digest: Breaking triple lock could double pensioner poverty, data shows

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 21 November 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Smart acquires WS Stakeholder scheme, XPS DB funding analysis, TPTIM signs up first external FM client

Professional Pensions
clock 21 November 2025 • 1 min read
Trustpilot