
UK interest rate cuts hinge on slowing wage growth, Bailey says
BoE governor tells MPs that central bank expects to ‘see pay coming down this year’
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BoE governor tells MPs that central bank expects to ‘see pay coming down this year’
Full ArticleAn expected drop in wage growth in April compared to the previous month could encourage Bank of England officials to vote for..
Bank of England officials have agreed that interest rates are on a “glide path” downwards but persistently high wage growth..