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globalreutersMay 14, 20241 Mins read
BOE’s Pill: There is still some work to do on inflation persistence
globalreutersMay 14, 20241 Mins read - Making good progress on returning inflation to target
- But there is still some work to do to get it back to 2% level
- Focus is on labour market, pay growth, and services prices
- Labour market remains pretty tight by historical standards
Nothing out of the ordinary there from Pill. The comments sing to a similar tune to what we heard last week already.
This article was written by Justin Low at www.forexlive.com.
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