BOE predicts inflation pickup on labour market outlook

Note: This section contains information in English only.
Source: Bloomberg
The Bank of England stated inflation in the UK may expand quickly in 2016, while the impact of oil price collapse fades as unemployment and wage data showed the pressure of labour-cost starts to build. Meanwhile, the Monetary Policy Committee announced that nine members unanimously voted for keeping the benchmark interest rate at a lowest ever 0.5%.

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