Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation
![Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves](https://static.independent.co.uk/2025/02/06/16/4a78f743ea567627b03a81ee552b04c2Y29udGVudHNlYXJjaGFwaSwxNzM4OTQ0MzI4-2.78831150.jpg?width=1200&auto=webp#)
Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation