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Bank of England’s Greene Notes Wage Slowdown, Warns on Future Talks

Policymaker Greene sees recent wage growth easing as positive but highlights risks in upcoming annual pay negotiations.

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Terms & Concepts
  • Bank of England: The central bank of the United Kingdom, responsible for monetary policy, financial stability, and issuing currency.
  • Wage Negotiations: Discussions between employers and employees (or unions) to determine pay rates and employment terms.