Jonathan Cook
on April 17th, 2024 Unemployment rose in February, although the stubborn growth in average earnings almost stole the headlines. In the three months to February, average earnings including bonuses fell slightly from 6.1% to 6%, while average earnings excluding bonuses were unchanged at 5.6%. That may prove significant when the Bank of England comes to make its next interest rate decision.
GBP/USD: the past year
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