U.K. Wage Growth Will Keep Interest Rates High
Wall Street Journal
U.K. wage growth is staying high and any downtrend will likely be gradual, suggesting Bank of England interest rate cuts will come later than any by the Federal Reserve, ING developed markets economist James Smith writes in a note.
https://www.wsj.com/articles/u-k-wage-growth-will-keep-interest-rates-high-8e834bdc