UK Wage Growth Slows, Labor Market Shows Signs of Cooling

The video discusses the Bank of England's decision-making process amidst mixed economic signals. While some indicators suggest a cooling labor market, others show steady unemployment and rising payrolls. Economists predict a possible 25 basis point hike followed by a pause, influenced by the Chancellor's budget and financial conditions post-SVB collapse. The possibility of pausing quantitative tightening is also considered.

What is the significance of the SVB collapse in relation to financial conditions?

What possibility did Callum Pickering raise regarding the Bank of England's quantitative tightening?