The prospects for an interest rate cut next month have not been helped by the latest wage growth figures which have come in ...
The prospect of an interest rate cut next month by the Bank of England has been dented by stronger than expected wage growth figures. Annual pay growth excluding bonuses was 6 per cent in the ...
"Earnings growth in cash terms remains high, with the recent falls in the rate now levelling off while, with inflation ...
The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind. It is virtually certain that the Bank of England will cut interest rates this ...
Wages rose by more than expected during the first three months of the year while unemployment also increased, casting doubt over how soon the Bank of England will be able cut interest rates for ...
Regular wages (excluding bonuses) grew by 6% in the first quarter of 2024, according to the Office for National Statistics (ONS). That’s compared to the same period a year before. This reading ...
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Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected. Money markets indicate the US Federal Reserve will cut ...
The Bank of England is likely to make its first cut to base rate in summer, according to the latest forecasts. This week, the UK's central bank opted once again to hold the base rate at 5.25 per ...