<p>Data revealed a record surge in UK basic wages. The UK’s unemployment rate climbed to 4.2% from 4.0%. Market estimates suggest a 55% likelihood of the BoE’s benchmark rates reachi
<p>The pound surged to its highest level in 15 months against the dollar. British wages, excluding bonuses, rose 7.3% in the three months leading up to May. Fed officials suggested that the US c
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