BoE's Bailey: Latest jobs data show some signs of labour market cooling

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

BoE's Bailey: Latest jobs data show some signs of labour market cooling – by eren_fxstreet BOE CentralBanks

"I think there are some interesting pieces of evidence in labour market data, it's a continuation in some cases - if you look at the vacancy to unemployment ratio, for instance - of some signs of the labour market cooling," Bank of England Governor Andrew Bailey said on Wednesday.

Bailey further noted that the current level of pay increases was not consistent with the inflation target.continues to pull away from the 15-month high it set at 1.2970 earlier in the day. As of writing, the pair was virtually unchanged at 1.2930.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines