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[Bank of England's Pill: No Significant Change in Short-Term Interest Rate Outlook Expected] Bank of England Chief Economist Pill stated that he does not expect significant changes in his short-term outlook on interest rates, noting that wage growth remains significantly higher than levels consistent with the inflation target. This month, the Bank of England voted 5-4 to keep interest rates unchanged, with Pill among the majority supporting the decision. Governor Bailey, however, indicated that he might support a rate cut at the December meeting depending on subsequent data. Pill emphasized that when assessing the pace of easing inflationary pressures, one should not overly rely on short-term economic data.