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BoE Governor Bailey says the labour market is weakening gradually, disinflation is proceeding slowly
StockNow breaking-news AI analysis
Governor Bailey highlights a softening UK labour market and slow disinflation, maintaining a steady interest rate policy while monitoring energy-driven upside risks and persistent domestic price pressures.
News detail
Markets are pricing in potential interest-rate increases, while a “low hire, low fire” economy is contributing to unemployment.
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