UK Monetary Policy – 'Crossing The River By Feeling The Stones' - Speech By Huw Pill, Bank Of England Chief Economist And Executive Director, Monetary Analysis, Given At The Confederation Of British Industry (CBI)
<p>In his first speech as our Chief Economist, Huw Pill explains how he views the impact Covid has had on the economy. He says that, provided the jobs market continues to be strong, he thinks interest rates will need to gradually increase in the coming months, to make sure inflation comes back down from current high levels. </p>