bullish

UK: Hawkish Correction to Jobs Data

288 Views24 Oct 2023 19:33
Postponed UK labour market data revised away the unemployment rate's rise last month. The BoE now faces a tighter labour market. We believe excess demand and inflationary pressure justify a rate hike.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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