Interest rates tipped to be held as jobs market weakens

2023-10-24 10:04:41

Gabriella Dickens, senior UK economist at Pantheon Macroeconomics, said the figures “added to the evidence” that rates would be held, while Thomas Pugh, at consultancy RSM UK, said the Bank would probably wait “to see wage growth and inflation return to more normal levels, rather than resuming rate hikes”.

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