StockNow
Calendar
Log in
OtherIMPORTANT

BoE's Greene says continue to believe should proactively lean against the risk of second-round inflation effects and risk of second-round effects greater than they thought

StockNow breaking-news AI analysis

Greene highlighted greater-than-previously-thought second-round inflation risks, stalled wage disinflation and possible peak labour-market slack; Reuters separately reported 3.7% wage growth.

News detail

Wage disinflation appears to have stalled at levels above those consistent with inflation at 2%. Labour market slack might have hit its peak. Economy has shown surprising resilience. Forward-looking data point to pay growth closer to 3.5%.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Commodities

[MARKET UPDATE] Another bout of pressure in the crude complex as the earlier reports via Al Araby Al Jadeed related to a "compromise proposal" gets wider airing; a move which is lifting the ES

Geopolitics

Iran and US talks continue, and reports that the deal is close are wrong

Geopolitics

Iran's Parliamentary Speaker Ghalibaf says we have nothing new to say and the US cannot gain Iran's trust unless it implements the seven conditions, Mehr reports