Jonathan Cook
on March 13th, 2024 It’s been a long period of rapidly rising wages, but it finally seems the tide is turning. Average weekly earnings including bonuses slowed to 5.8% in the three months to January, the slowest growth since July 2022. Coupled with this morning’s GDP release, the Bank of England will surely see progress on the journey to quash inflation.
GBP/USD: the past year
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