LONDON (Reuters) – The Bank of England may have to take further action if higher wages and other domestically driven inflation pressures prove more persistent than the central bank is forecasting, BoE Chief Economist Huw Pill said on Friday. “A key assumption in our forecast… is that we don’t see from the middle of next year, persistence emerging in wage and domestic cost developments, stemming from these second-round effects,” Pill told Bloomberg Television. “It’s that lack of that, the fact that policies including monetary policy do enough to avoid that, that is central to bringing our inf…