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The BoE’s Renewed “Optimism” About the Economic Outlook
The Bank of England's new economic projections show much less pessimism about the labor market and economic growth in the short term.
3 minutes
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The Bank of England's new economic projections show much less pessimism about the labor market and economic growth in the short term.
Wage growth slowed in the fourth quarter of 2022, encouraging news for Federal Reserve officials worried about too strong growth.
Inflation may be turning a corner but there are still some threats that could run it off the road, some of which are still unknown.
While a U.K. recession is highly likely, there is a lot of uncertainty on how deep and prolonged the economic downturn will be.
Even though the British economy is in a downturn, the labor market might hold up better this time than during the typical recession, especially since there is still a shortage of blue-collar jobs due to Brexit.
In the past two years, wage growth has been dramatic for low-wage workers, reducing inequality. Can this trend continue into 2023?
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The BoE’s Renewed “Optimism” About the Economic Outlook
The Bank of England's new economic projections show much less pessimism about the labor market and economic growth in the short term.
3 minutes
Slowing Wage Growth Is Actually a Good Thing
Wage growth slowed in the fourth quarter of 2022, encouraging news for Federal Reserve officials worried about too strong growth.
2 minutes