Britain Braces for High Rates as Inflation Signals Get Stronger
Briefly

Britain on Tuesday received another sign that inflation could painfully linger.The country braced, once again, for higher interest rates as bond yields climbed above the levels when Liz Truss was prime minister last year.Data showed that wage growth, a closely watched indicator for how deeply inflation is embedding in an economy, was rising in Britain at the fastest pace in at least two decades.
Read at www.nytimes.com
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