BoE's Pill says "there may be more work to do" on inflation

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 12 (Reuters) - Bank of England Chief Economist Huw Pill said on Friday that the British central bank might have to do more to contain the risks from the surge in inflation, a day after the BoE raised interest rates for a 12th meeting in a row. Pill told a BoE webinar that there was evidence of "a more favourable pattern in terms of the inflation outlook" but that progress could be interrupted in ways different to past trends "which means that there may be more work to do". (Reporting by David Milliken Writing by William Schomberg)

Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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