Bank of England Chief Economist Huw Pill has expressed concerns that the central bank began cutting interest rates too early and too quickly.
He criticized the Monetary Policy Committee’s strategy, suggesting that interest rates peaked too low in 2023 and that the Bank moved prematurely to reduce rates starting in August 2024.
Pill advocates for a more cautious approach amid elevated wage growth and stubborn inflation.
Original Source: The Times
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
