EPISODE · Aug 13, 2024 · 4 MIN
What does the latest UK labour data mean for interest rates? | Morning Markets
from True Potential Morning Markets · host True Potential
The latest data on the UK labour market shows improvements, with the unemployment falling, reversing its year-to-date trend. Wage growth remains elevated but the data this morning suggests a cooling. But what does this mean for the path of future interest rate? Paul Durrans, Investment Director, looks into the key trends within the data and whether this will play a role in any interest rate decisions in the coming months.
What this episode covers
The latest data on the UK labour market shows improvements, with the unemployment falling, reversing its year-to-date trend. Wage growth remains elevated but the data this morning suggests a cooling. But what does this mean for the path of future interest rate? Paul Durrans, Investment Director, looks into the key trends within the data and whether this will play a role in any interest rate decisions in the coming months.
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What does the latest UK labour data mean for interest rates? | Morning Markets
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