The Bank of England (BOE) is unlikely to increase interest rates until the beginning of next year even though real wages have grown 2.7% in a year, economists say.
Minutes from the Monetary Policy Committee (MPC) meeting earlier this month said the BOE would not be influenced by other central banks on the acceleration of rates. There was a unanimous vote t...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date