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BOE Chief Economist Says He’s Cautious on Interest Rate Cuts

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Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in deciding when to cut UK interest rates, saying officials need to remain on guard for risks that inflation persists.

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'Terrific news': Chief economist reacts to latest inflation dataAfter Statistics Canada’s latest consumer price index revealed a 2.9 per cent increase in the annual inflation rate in March, largely boosted by higher prices for gasoline, one chief economist says the path towards a June interest rate cut seems clear.
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