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20 Nov 2018
BoE's Carney: Labor market tightening is set to continue
During the November Inflation Report parliamentary hearing, the Bank of England Governor Mark Carney said on the UK labor market and wages:
- Bank of England Governor Mark Carney said expects wage growth to continue gradual improvement.
- Carney said financial markets have been pricing in some possibility of hard Brexit shock.
- Carney said he expects further labor market tightening with wages rising further pressing on inflation.