BOE’s Pill: If we act too aggressively, would cause undesirable slowdown

"If we act too aggressively, the Bank of England (BOE) would cause an undesirable slowdown," the central bank’s Chief Economist Huw Pill warned on Friday.

Additional quotes

We are looking at persistence of inflationary pressures.

Price pressures becoming embedded will be trigger for more aggressive BOE action.

Inflation is uncomfortably high for policymakers and public.

I don't think the BOE is behind the curve, we are balancing risks.