BoE’s Challenge: Simultaneous Growth of Wages and Unemployment

<p>UK labour market data is making the Bank of England’s task of fighting inflation complex, with markets increasing expectations of a 50bp rate hike in early August. But we focus on falling employment, which could be the first sign of a recession. A recent labour market report noted increased wage growth to 6.9% y/y, including […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/509455-boes-challenge-simultaneous-growth-of-wages-and-unemployment/">BoE’s Challenge: Simultaneous Growth of Wages and Unemployment</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>