Workers shouldn't ask for big pay bumps to stem inflation: Central banker

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Workers shouldn't ask for big pay bumps to stem inflation: Central banker
France Dernières Nouvelles,France Actualités
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A central banker making over $780K a year says workers should not demand big pay raises to help stem inflation

The UK's central bank boss has called on workers to hold off on asking for big pay raises because that will make inflation worse.

When explicitly asked if he was asking workers not to ask for big pay bumps, Bailey replied:"broadly, yes." Bailey was paid over 575,000 British pounds in the year from March 2020, inclusive of pension — 18 times more than the median wage for full-time employees in the UK, the outlet noted. , where users complained Bailey is disconnected from the average man on the street.

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