BoE’s Carney says rise in real wages not pre-condition for rate hike

Bank of England Governor Mark Carney said in a newspaper interview he would not have to wait for real wages to turn positive before raising interest rates. Carney signalled during the Bank’s quarterly inflation report on Wednesday that it remains on course to raise interest rates from 0.5 percent…

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BoE’s Carney says rise in real wages not pre-condition for rate hike