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UK inflation could go "above five per cent" this winter says new BoE chief economist

UK inflation could rise above five per cent next year, said the Bank of England’s new chief economist.

UK inflation could go "above five per cent" this winter says new BoE chief economist
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  • Shared from City A.M.
  • October 22, 2021
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Speaking to The Financial Times, Huw Pill said: “I would not be shocked — let’s put it that way — if we see an inflation print close to or above five per cent [in the months ahead]. And that’s a very uncomfortable place for a central bank with an inflation target of two per cent to be.”

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