The Policies responsible for the Bank of England (BOE), Megan Greene, said Tuesday that “the growing inflation expectations are a concern.”
Additional comments
Inflation expectations remain anchored.
A margin is opening in the United Kingdom labor market.
Disinflation is still ongoing.
Salary growth is above what our models can explain.
The worrying offer is weaker than expected.
I am more concerned about supply than demand.
People may now be more sensitive to inflation.
The risk is that this leads to second round.
There are moderate upward risks for gas prices.
The quality of the United Kingdom statistics is another source of uncertainty.
Salary growth is not slowing down as fast as I would like to see.
The rates, in balance, are deflationary for the United Kingdom.
Commercial deviation could happen very quickly.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
