BoE's Huw Pill: Monetary policy tightening 'is working' - reports

Inflation has begun to ease

Cristian Angeloni
clock • 1 min read
Credit: Bank of England
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Credit: Bank of England

The Bank of England’s (BoE) chief economist Huw Pill has said the central bank’s interest rate hikes have started to have an effect on inflation.

Speaking at an online briefing on Friday (4 August), Pill said "monetary tightening […] is working", with headline inflation beginning to drop thanks to lower food and energy prices, according to a...

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