• 11/29/2024

BOE May Have to Raise Wage Growth Forecasts

Wall Street Journal

The Bank of England may have to lift its wage growth forecasts considerably as recent data releases show persistently higher pay growth than the central bank’s projections, Bank of America Merrill Lynch U.K. economist Robert Wood writes in a note.

https://www.wsj.com/articles/boe-may-have-to-raise-wage-growth-forecasts-b4f7284e