BoE likely to stay on hold this week – ING

UK wage growth acceleration strengthens the Pound, suggesting the Bank of England will maintain its hawkish stance. This trend highlights the critical role of private sector labor data in shaping monetary policy expectations. For open data, it underscores the necessity of timely, granular datasets to accurately monitor economic indicators and inform financial decisions.

Source: fxstreet.com
Published on 2024-12-18