BOE’s Miles: No ‘Urgency’ for Rate Increase

Bank of England Monetary Policy Committee member David Miles said Wednesday that he sees more slack in the labor market than many of his eight colleagues, and no “immediate urgency” for a rise in the U.K. central bank’s benchmark interest rate. BOE Governor Mark Carney signaled Tuesday that the b…

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BOE’s Miles: No ‘Urgency’ for Rate Increase

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