Bank of England Chief Economist Huw Pill said on Thursday the central bank would “see the job through” on bringing high inflation back down to the BoE’s 2% target, even if there was a risk of raising interest rates too high. “The key element is that we on the MPC (Monetary Policy Committee) need to see the job through and ensure a lasting and sustainable return of inflation to the 2% target,” Pill said in a speech at a research conference organised by the South African Reserve Bank. “At present, the emphasis is still on ensuring that we are - in the words of the MPC’s last statement – sufficiently restrictive for ... (full story)