LONDON (Reuters) - Bank of England Chief Economist Huw Pill said on Wednesday he could not see a return of quantitative easing for at least a few years.
"It's not to say we won't at some point in the future be back where we were - needing to ease policy and quantitative easing will come back," he told an online audience at an event hosted by the BoE.
"But I don't really foresee that for the next few years at least."
He said the full impact of recent interest rate hikes would not be felt until late 2023.
(Reporting by Andy Bruce, Editing by Kylie MacLellan)
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| 0.8576 GBX | -0.14% | +0.11% | - | ||
| 0.5211 GBX | +0.03% | +0.83% | - | ||
| 0.5849 GBX | -0.14% | +0.31% | - | ||
| 0.009598 GBX | -0.39% | 0.00% | - | ||
| 0.8002 GBX | -0.32% | -0.36% | - | ||
