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More comments from BOE officials: Consumers are becoming more resistant to higher prices

More comments from BOE officials: Consumers are becoming more resistant to higher prices

BOE's Bailey:

  • I don't think ill health is the main reason why people have left the labor market
  • main difference between BOE and IMF forecast is IMF expects UK growth to pick up faster after this year
  • private sector wage settlements have been higher than expected
  • pay settlements will be very important for future inflation and policy
  • consumers are becoming more resistant to higher prices
  • Firms are saying they expect pay demands to ease over cou... Read More
Posted: Feb 2 2023, 13:08
Author Name: forexlive
Views: 102080

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