{"id":69928,"date":"2022-08-10T19:51:00","date_gmt":"2022-08-10T15:51:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69928"},"modified":"2022-08-10T20:43:09","modified_gmt":"2022-08-10T16:43:09","slug":"boes-pill-wage-growth-running-too-fast-at-present","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-pill-wage-growth-running-too-fast-at-present\/08\/10\/market-updates\/","title":{"rendered":"BOE&#8217;s Pill: Wage growth running too fast at present"},"content":{"rendered":"\n<p>Bank of England Chief Economist Huw Pill said on Wednesday that wage growth in the UK is running too fast at present, as reported by Reuters.<br><br><br>These comments don&#8217;t seem to be having a noticeable impact on the British pound&#8217;s performance against its major rivals. As of writing, the GBP\/USD pair was trading at 1.2235, where it was up 1.3% on a daily basis. <br><br>Pill further noted that the companies&#8217; pricing pass-through was excessively high. &#8220;I don&#8217;t want people who are subject to political forces setting monetary policy,&#8221; Pill added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of England Chief Economist Huw Pill said on Wednesday that wage growth in the UK is running too fast at present, as reported by Reuters.These comments don&#8217;t seem to be having a noticeable impact on the British pound&#8217;s performance against its major rivals. As of writing, the GBP\/USD pair was trading at 1.2235, where &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6967,8172,9271],"class_list":["post-69928","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-boe","tag-huw-pill","tag-wage-growth"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=69928"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69928\/revisions"}],"predecessor-version":[{"id":69934,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69928\/revisions\/69934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51338"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}