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 ], and that's a very uncomfortable place for a central bank with an inflation target of 2 % to be.

Huw Pill

Huw Pill is a British economist, and the chief economist of the Bank of England since September 2021, succceeding Andy Haldane.Pill studied philosophy, politics and economics at University College, Oxford, and graduated in 1989. He earned a doctorate in economics from Stanford University in 1995.He worked as an economist at the Bank of England from 1990 to 1992. After graduating from Stanford, he was appointed assistant professor of business administration at Harvard University. He left Harvard to work at the European Central Bank (ECB) for a couple of years and returned to Harvard as an associate professor in 2003. In 2004, he worked at the ECB again and left to become chief European economist for Goldman Sachs in 2011. From 2019 to 2021 he worked as senior lecturer at Harvard.

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