UK labor market has been more resilient than expected

The post UK labor market has been more resilient than expected appeared on BitcoinEthereumNews.com. “The UK labor market has been more resilient than expected,” Bank of England (BoE) policymaker Catherine Mann said on Wednesday. Additional quotes Worried that household inflation expectations have increased. Need to see loss of pricing power by firms but goods price inflation is going up. There will be lower goods prices in world economy due to trade diversion. Companies will look for chance to rebuild margins. Market reaction GBP/USD holds lower ground near 1.3300 as of writing, down 0.09% on the day. Source: https://www.fxstreet.com/news/boes-mann-uk-labor-market-has-been-more-resilient-than-expected-202505140613

May 14, 2025 - 13:00
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UK labor market has been more resilient than expected

The post UK labor market has been more resilient than expected appeared on BitcoinEthereumNews.com.

“The UK labor market has been more resilient than expected,” Bank of England (BoE) policymaker Catherine Mann said on Wednesday. Additional quotes Worried that household inflation expectations have increased. Need to see loss of pricing power by firms but goods price inflation is going up. There will be lower goods prices in world economy due to trade diversion. Companies will look for chance to rebuild margins. Market reaction GBP/USD holds lower ground near 1.3300 as of writing, down 0.09% on the day. Source: https://www.fxstreet.com/news/boes-mann-uk-labor-market-has-been-more-resilient-than-expected-202505140613

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