BOE’s Greene: Appropriate to proactively tighten policy against wage risks
What we know so far
investingLive (Nov 12, 00:48): BOE’s Greene said monetary policy should lean against the risk of wage growth becoming entrenched at higher levels, according to the FT.It is appropriate to proactively tighten our monetary policy stance to lean against the risk of wage growth getting stuck at higher levels.Other BOE comments this weekGovernor Bailey highlighted the potential benefits of AI investment:In the UK, economic activity…
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