UK: weaker pay growth muddles BoE rates outlook

ReutersNewsPublished: July 12, 2017
Published: July 12, 2017

Top Bank of England official Ben Broadbent is quoted as saying he's not ready to raise interest rates just yet. As David Pollard reports, new data showing pay growth lagging further behind inflation may underpin the view that the BoE will hold off anyway.

Be the first to suggest a tag