UK basic wage growth hits record high; Russia ’s central bank expected to lift rates

The UK labour market data supports the case for one more rate hike from the Bank of England, said Ruth Gregory, deputy chief UK economist at Capital Economics. She explained: The fall in employment in the three months to June and further rise in the unemployment rate will be welcomed by the Bank…#bankofengland #ruthgregory #capitaleconomics
Source: Reuters: Health - Category: Consumer Health News Source Type: news