UK Inflation, Wage Data May Fuel Further BOE Rate Hikes

The video discusses the UK's economic situation, focusing on rising consumer prices and the Bank of England's decision to continue hiking rates. It highlights upcoming reports on jobs and inflation, which are crucial for the BOE's March decision. The discussion also covers UK businesses' demands from the chancellor, including tax breaks and labor market improvements, ahead of the March budget.

What are the expected trends in consumer prices according to the readings?

What factors are contributing to the concerns about a wage price spiral in Britain?

How is the labor market described in the context of the upcoming jobs data?

What is the significance of the inflation data expected to be released on Wednesday?

What do UK businesses want from the chancellor in the upcoming March budget?