BoE’s Bailey Sees Signs of Softer Jobs Market and Predicts Further Rate Cuts

BOE's Bailey: A gradual and careful approach on rate cuts remains appropriate

Remarks by BOE governor, Andrew Bailey

Bank of England's Bailey Says Jobs Market Slowing but Inflation Outlook ...

BoE's Bailey: Jobs market slowing but inflation outlook uncertain

BoE’s Bailey sees signs of softer jobs market and predicts further rate cuts

Central bank governor highlights lower labour demand and ‘significant decline’ in wage growth

Bailey Says Labour’s Payroll Tax Complicates UK Inflation Fight

The Labour government’s payroll tax is costing the UK jobs, depressing workers’ earnings and pushing up food prices, Bank of England Governor Andrew Bailey said as he warned that the risks to inflation remain “two-sided.”

Bank governor flags signs that employment tax hikes are hitting pay and jobs

Andrew Bailey also said pay growth is easing but policymakers still need to ‘squeeze out’ stubborn inflation.