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BoE's Shafik Won't Vote For Rate Hike Until There Is Faster Wage Growth

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 15, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Minouche Shafik, Bank of England Deputy Governor, said she would not vote for an interest rate hike if there is no evidence of sustained growth in wages. After Shafik said she would 'proceed with caution' when considering to wean the British economy off the crisis-era level of interest rates, the[​IMG]

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