BoE's Pill: Normalizing monetary policy is not a race between countries – by eren_fxstreet BOE CentralBanks
is not a race between countries and markets are sometimes uncomfortable with that," Bank of England Chief Economist Huw Pill said on Tuesday.
Pill further argued that the UK government's fiscal response to the economic slowdown would free the monetary policy to address longer-term inflation dynamics. These comments don't seem to be having a noticeable impact on the British pound's performance against its rivals. As of writing, theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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