Economics

Carney's 2016 BOE Policy View Awaited as Wage Growth Decelerates

  • BOE Governor due to speak in London at noon on Tuesday
  • Data due on wages, inflation, unemployment and retail sales

Mark Carney

Photographer: Marlene Awaad/Bloomberg
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Mark Carney is set to share his thoughts on the outlook for the first time this year, the same week as a slew of data gives fresh insight into prospects for prices and policy.

Weaker pay growth may offer the Bank of England governor some vindication after officials left their benchmark interest rate at a record low this month. Reports on employment, wages, inflation and retail sales will help shed light on the economy’s performance, while Carney and Monetary Policy Committee member Gertjan Vlieghe are due to give speeches.