BOE's Broadbent Sees Signs Low Inflation Holding Back Wages

Updated on
  • Deputy Governor for Monetary Policy speaks in BBC interview
  • Says there's `no urgency' to raise U.K. borrowing costs

Bank of England Deputy Governor Ben Broadbent.

Photographer: Jason Alden/Bloomberg

Bank of England Deputy Governor Ben Broadbent said there are some signs that low inflation is restraining wage growth and that policy makers are in no hurry to increase interest rates.

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