(Reuters) – The Bank of England's new chief economist, Huw Pill, said inflation in Britain could surpass a 'very uncomfortable' 5% and the question of whether to raise interest rates was a 'live' one at its early November meeting, the Financial Times reported.Pill told the newspaper in an interview published on Thursday that the decision facing the Monetary Policy Committee was 'finely balanced' and added: 'I think November is live.''I would not be shocked — let's put it that way — if we see an inflation print close to or above 5% (in the months ahead).

https://wsau.com/2021/10/21/boe-chief-economist-says-uk-inflation-could-top-5-ft/

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