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UK Monetary Policy

The UK labor market has hit record highs over the past four months with the unemployment rate rising to 4.4 per cent in the first three months of this year, while wage growth has picked up steadily. data on average earnings a measure of wage inflation.

The Bank of England is expected to cut interest rates in August, according to financial market observers.

Dr. Kamaran Qader Yaqub,
Financial Consultant at Investment Spot company. 

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