A post by @FirstSquawk on X.

Bank of England rate-setter Huw Pill said the decision on a second rate hike will play out over the next few weeks, with the balance of risks becoming clearer next year. Pill flagged that inflation pressures could either build further or ease, leaving the policy path open. The comments signal the BoE is not committing to a near-term move, keeping the timing of any follow-up increase to its first hike uncertain. Traders will watch upcoming UK inflation and labor data, plus BoE commentary, for signals on whether a second hike lands in the coming weeks or is pushed into next year.