• 09/20/2024

U.K. Wages Continue to Cool, But BOE Likely to Stay Cautious

Wall Street Journal

U.K. average earnings rose 5.1% in the three months to July, easing back slightly, in the latest sign that high interest rates are helping to tame inflation, although policymakers are likely to remain cautious as labor costs continue to rise rapidly.

https://www.wsj.com/articles/u-k-wages-continue-to-cool-c6929d7c