Wage growth 'crucial' to UK rate hike: Pro

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Wage growth 'crucial' to UK rate hike: Pro

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Wage growth 'crucial' to UK rate hike: Pro

by CNBC Videos 2:42 mins

Simon Wells,chief U.K. economist at HSBC, says that until there is a rise in real terms income, the Bank of England will be "cautious" about raising interest rates.

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