(Bloomberg) Bank of England policy maker Megan Greene said borrowing costs will need to remain higher for longer to control inflation and that markets haven’t yet absorbed the message that the natural rate of interest and unemployment has risen since the pandemic.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitHamas Chief Who Deceived Israel Is Target No. 1 Deep UndergroundIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedXi Says China Seeks to
The jobs market is still healthy and paychecks are growing at a solid rate — although not fast enough to make up for surging prices on just about everything. That