Monday, December 23, 2024
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wage growth

UK set for faster growth in 2025 but high inflation too, OECD forecasts

By Andy Bruce (Reuters) - The OECD on Wednesday bumped up its growth forecast for Britain's economy next year, citing...

Bank of England set to cut interest rates gradually amid inflation fears

The Bank of England is likely to reduce borrowing costs gradually in the coming months, though it will remain “vigilant”...

Power Shifts Toward UK Workers After Wage Squeeze on Profits

(Bloomberg) -- British workers are getting a bigger slice of the economic pie than before the pandemic, signaling a shift...

Japan’s Biggest Base Pay Rise in 31 Years Keeps BOJ on Track

(Bloomberg) -- Japanese workers’ base salaries saw the largest increase in over three decades, supporting the Bank of Japan’s view...

UK Pay Growth at Two-Year Low Keeps BOE on Easing Path

(Bloomberg) -- UK pay growth cooled to a two-year low in the three months through July, another step down in wage pressures that keeps...

ECB is poised to cut rates again in warm-up act for the Fed

(Bloomberg) — The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as...

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