Fundamental Analysis
Posted 4 hours ago
BoE's Greene: Less Labour Market Slack Than Previously Thought
BoE policymaker Greene signalled tighter labour market conditions than consensus estimates, suggesting less spare capacity in employment. This tightens the macro chain toward higher wage pressure, a key driver of BoE rate decisions. Traders await UK GDP data (12 Nov 02:00) to confirm growth momentum and validate wage-inflation risks.
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4 hours ago
BoE's Greene: UK Wage Growth Remains Too High
Bank of England policymaker Greene signals wage growth continues to outpace desired levels, keeping services inflation sticky. This reinforces BoE hawkishness on rate cuts and feeds directly into UK demand outlook ahead of tomorrow's GDP releases. GBP supported by slower rate-cut trajectory expectations.
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