A post by @FirstSquawk on X.
BOE'S LOMBARDELLI AND PILL SEE CASE FOR FURTHER "NEAR TERM" RATE HIKE
@FirstSquawk on X
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Bank of England policymakers Lombardelli and Pill said they see a case for another interest rate hike in the near term. The remarks signal that the central bank may tighten policy further despite the prevailing rate level. The comments matter because they shape expectations for the BoE's next decision and for sterling and gilt markets. Investors will watch incoming UK inflation and labor data for confirmation of whether a near-term increase materializes.
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Named in this story
Bank of England, Lombardelli, Pill