| Delayed 05:41:00 18/07/2024 pm IST | 5-day change | 1st Jan Change | ||
| 0.7701 GBX | +0.16% |
|
-0.49% | -1.97% |
| 10:59am | Yen rises amid intervention nerves; euro eyes ECB | RE |
| 02:51am | Santos' Q2 Production Up 2% Sequentially; Sales Revenue Slips from Year Ago | MT |
LONDON (Reuters) - Britain's labour market looks surprisingly tight and the economy has not developed as one might expect given the rise in interest rates, incoming Bank of England policymaker Megan Greene said on Tuesday.
"With the economy facing successive shocks, a lot of macroeconomic indicators are not evolving as one might expect given significant monetary policy tightening (one example is the labour market, which has remained surprisingly tight)," Green wrote in a statement to lawmakers ahead of joining the Monetary Policy Committee.
Greene's submission was dated May 25, before Tuesday's stronger-than-expected labour market data.
(Reporting by Andy Bruce; editing by Sarah Young)
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 0.8417 GBX | +0.09% | +0.04% | - | ||
| 0.7701 GBX | +0.16% | -0.49% | - | ||
| 0.563 GBX | +0.16% | -0.88% | - | ||
| 0.5182 GBX | +0.18% | -1.05% | - | ||
| 0.009215 GBX | +0.14% | -1.08% | - | ||
