BOE’s Official Suggests UK Unemployment May Need to Reach 6%
Two Bank of England policy makers said Britain’s tight labor market is feeding a wage-price spiral, with one suggesting that unemployment may need to hit 6% to tame inflationary pressures.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a…