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FX Daily Updates
BoE's Bailey says latest labour data in line with forecasts
georgemiller
Publish Date: Tue, 18 Feb 2025, 10:18 AM

Feb 18 (Reuters) - The latest UK jobs market data published earlier on Tuesday does not change the Bank of England's broad expectations for the economy, BoE Governor Andrew Bailey.
Pay growth rose by a bit less than the BoE had forecast earlier this month when it also said it expected that increases in wages would start to slow this year, Bailey said at an event in Brussels organised by Bruegel, a think tank.
"I don't think we saw anything this morning that fundamentally changes that," he said.
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https://www.reuters.com/world/uk/boes-bailey-says-latest-labour-data-line-with-forecasts-2025-02-18/