Dr. Andrew, a former member of the Monetary Policy Committee na England, was asked to give his opinion about the news channel the latest unemployment data could mean for interest rates: "I think soon expect to see a rise in interest rates in the UK in November, but there are many details in these few months until November, "he said.
But if, as I suspect, this increase in unemployment due to a temporary effect, and we can see by then unemployment down. And if wage growth continue to rise I think it would be proper MPC to raise interest rates.
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