{"id":25389,"date":"2023-02-02T17:45:59","date_gmt":"2023-02-02T17:45:59","guid":{"rendered":"https:\/\/fusefornews.com\/2023\/02\/02\/uk-economy-wage-rises-risk-entrenching-high-inflation-says-chancellor-jeremy-hunt\/"},"modified":"2023-02-02T17:45:59","modified_gmt":"2023-02-02T17:45:59","slug":"uk-economy-wage-rises-risk-entrenching-high-inflation-says-chancellor-jeremy-hunt","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=25389","title":{"rendered":"UK economy: Wage rises risk entrenching high inflation, says Chancellor Jeremy Hunt"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Jeremy Hunt said the Bank of England was \u201cvery clear\u201d that &#8220;wage pressure is one of the risks&#8221; that could keep inflation high.  <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The chancellor said the government would talk to the unions about &#8220;absolutely anything except things that will mean that higher inflation is entrenched for longer\u201d, as this was a &#8220;stealth tax&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\"><a href=\"https:\/\/www.bbc.co.uk\/news\/live\/business-64457377\" class=\"ssrcss-k17ofw-InlineLink e1no5rhv0\">Bank governor hopes worst of economic crisis over<\/a><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/uk-politics-64498142?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Jeremy Hunt said the Bank of England was \u201cvery clear\u201d that &#8220;wage pressure is one of the risks&#8221; that could keep inflation high. The chancellor said the government would &hellip; <\/p>\n","protected":false},"author":1,"featured_media":25390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/25389"}],"collection":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25389"}],"version-history":[{"count":0,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/25389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/media\/25390"}],"wp:attachment":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}