Bank of England chief economist Huw Pill dents rate cut hopes despite falling inflation
![Bank of England chief economist Huw Pill dents rate cut hopes despite falling inflation](https://i.dailymail.co.uk/1s/2024/07/10/19/87174369-0-image-m-14_1720637391260.jpg)
Pill (pictured) said underlying signs of inflation pressure showed 'uncomfortable strength' despite headline inflation falling to its 2% target.
Pill (pictured) said underlying signs of inflation pressure showed 'uncomfortable strength' despite headline inflation falling to its 2% target.