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Worklessness and mass migration make it harder to set interest rates, warns Bank's chief economist

By Yahoo! Finance   |   Nov 8, 2024 at 01:35 PM EST
Worklessness and mass migration make it harder to set interest rates, warns Bank's chief economist

The Bank of England's chief economist warns that worklessness and large-scale migration are complicating the setting of interest rates due to uncertainties in official unemployment data and shifts in the labor force.

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