Today news
About the same in other media
BoE's Huw Pill warns inflation not tamed as 'quite sticky' wage growth persists
Reading now: 716
Following the release of labour market data from the Office for National Statistics this morning (12 November), Pill told a conference organised by Swiss bank UBS «pay growth remains quite sticky at elevated levels». Investors bet on slower pace of rate cuts from BoE as Budget stokes inflation risks These are «levels that – given the outlook for productivity growth in the UK – are hard to reconcile with the UK inflation target», the Monetary Policy Committee member argued. UK wage growth cooled less than expected in the three months to September, with annual growth in employees' a...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
IndiGo working with civil aviation ministry to extend wet lease of Boeing 777 planes economictimes.indiatimes.com /2 days ago
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls abcnews.go.com /6 days ago
OBR chair warns half of Budget tax revenues 'are quite uncertain' investmentweek.co.uk /1 week ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
