Chief Economist Huw Pill and policymaker Jonathan Haskel are testifying before the UK Treasury Select Committee alongside Governor Andrew Bailey."We are now seeing some signs of loosening in the labour market data."
"There is substantial further monetary policy tightening still to come through as a result of lags in policy transmission.""MPC continues to be watchful for signs of greater persistence in inflationary pressures."for the productive potential of the UK economy." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.