Huw Pill has been reappointed to the Monetary Policy Committee by the governor following consultation with the Chancellor. 

Pill joined the MPC in September 2021 for a three-year term, which had been due to end this year. 

He is the Bank of England’s chief economist and executive director for monetary analysis and research. 

As such, Pill is responsible for the analysis used to support monetary policy decisions all other functions.

Prior to joining the Bank of England, Pill was chief european economist at Goldman Sachs (2011-18). 

Before that, he worked at the European Central Bank in Frankfurt from 1998 to 2011 where he held a number of positions, including most recently as deputy director of research.

Huw was also a member of the faculty at Harvard Business School (1995-98, 2001-04, 2019-21). 

At the start of his career, he worked as an economist in the Bank of England’s then economics division (1990-92). 

The Bank says that Pill was reappointed to the MPC following consideration by the Chancellor of a number of factors, including the diversity of the current committee and its balance of skills and experience.

The MPC comprises the governor of the Bank of England, three deputy governors, the Bank of England’s chief economist and four external members.