BOE’s Shafik says they may have to move quicker on interest rates if wage increases not accompanied by productivity increases

Quote from a Yorkshire Post newspaper interview published today but no shift in stance; Nemat “Minouche” Shafik is the recently appointed dep gov for markets and banking and former deputy managing director of the International Monetary Fund; GBPUSD a tad higher at 1.6328 EURGBP on session low…

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BOE’s Shafik says they may have to move quicker on interest rates if wage increases not accompanied by productivity increases

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