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Bank of England Presentation

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Bank of England Presentation by Ian McCafferty

 

The Key Messages relating to recruitment and business investment generally include a moderate rate of growth over the next three years of around 3% aggregated, balanced by inflation remaining below 2%. Ian indicates that the BoE believed that consumer confidence has returned to 2007 levels as has business investment. Meanwhile, the labour market continues to tighten and ‘defensive pay awards’ are on the increase.

 

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