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BoE’s Pill: Size and pace of further easing will hinge on inflation

BoE’s Chief Economist Huw Pill spoke before lawmakers in Parliament.

Key Quotes

We do need to remain vigilant to new shocks that might hurt path back to 2% inflation. 

Evidence points against more rapid cuts in bank for me. 

Further progress in disinfaltion would permit further cuts this year. 

Size and pace of cuts will depend on how inflation risks evolve.

United States EIA Crude Oil Stocks Change above forecasts (-0.29M) in February 28: Actual (3.614M)

United States EIA Crude Oil Stocks Change above forecasts (-0.29M) in February 28: Actual (3.614M)
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EUR/USD Price Analysis: Bulls tighten grip as pair surges to multi-month highs

EUR/USD gained significant ground on Wednesday, pushing further into bullish territory after an already strong performance in recent sessions.
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