bullish

UK: Workers Demand Forceful Tightening

307 Views17 Jan 2023 20:25
The UK unemployment rate remained at 3.7% and no longer looks likely to rise into yearend. Pay trends are inconsistent with the inflation target, making another forceful (50bp) BoE rate hike likely.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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