The UK Office for National Statistics said on Tuesday that in the three months up to February this year, the average weekly salary of British people increased by 5.9% year-on-year, and economists expect the data to increase by 6.0%. The Bank of England is trying to assess whether inflationary pressure on the labor market has eased enough to allow it to continue cutting interest rates. It is also watching the impact of Trump's trade tariffs on the economy.

The UK Office for National Statistics said on Tuesday that in the three months up to February this year, the average weekly salary of British people increased by 5.9% year-on-year, and economists expect the data to increase by 6.0%. The Bank of England is trying to assess whether inflationary pressure on the labor market has eased enough to allow it to continue cutting interest rates. It is also watching the impact of Trump's trade tariffs on the economy.