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Sunak, Starmer, and the death of the political interview

The News Agents

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The Bank of England's Signal on Wage Growth

The labor market is tight, but it's definitely starting to loosen quickly. The problem for the Bank of England is that that isn't yet turning up into wage growth slowing. Now, my judgment would be, it will. It will in time follow the rest of what's happened in the labor market. But I wouldn't feel comfortable seeing wage growth as fast as it is now.

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