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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