Monetary Policy & Inflation | Rates | UK
Loosening Labour Market Gives Room for BoE Dovishness
- By Henry Occleston
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- 6 min read
Summary
- Once again, the details are dovish in the UK labour market.
- Unemployment rate rose to 4.3% on the back of a slide in employment, despite a reduction in participation rate (likely just a fluctuation).
Summary
- Once again, the details are dovish in the UK labour market.
- Unemployment rate rose to 4.3% on the back of a slide in employment, despite a reduction in participation rate (likely just a fluctuation).
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