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Bank of England’s Pill: ‘Inflation looks set to prove more long lasting than originally anticipated’

New BoE chief economist Huw Pill answered questions from members of Parliament on the Treasury Committee

'The magnitude and duration of the transient inflation spike is proving greater than expected,' according to Bank of England Chief Economist Huw Pill
'The magnitude and duration of the transient inflation spike is proving greater than expected,' according to Bank of England Chief Economist Huw Pill

Bank of England chief economist Huw Pill, who started in the role last month, submitted written evidence to questions from members of Parliament on the Treasury Committee about why he's suited for the job.

The following are highlights, dated 4 October, from 16 pages of questions and answers put to him. The questions and parts of the responses have been paraphrased for length and clarity.

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