Bank of England sees broader UK recovery, eyes sterling
From reuters.com
Britain's economic recovery is broadening but has some way to go before it is sustainable, Bank of England policymakers concluded at their March 5-6 meeting, minutes showed on Wednesday. The nine officials on the Monetary Policy Committee again noted the further strength in sterling - but did not directly express concern - and differed over how much slack there is in Britain's labor market. "There were initial signs that the anticipated broadening from household to business spending might have already begun. Even so, there remained some way to go to ensure that the recovery was both balance and ...
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