英国失业率攀升至近5年来新高，扫清英国央行降息障碍

Core Viewpoint - The UK unemployment rate has risen to its highest level in nearly five years, indicating a cooling labor market that may pave the way for the Bank of England to lower interest rates before Christmas [1] Group 1: Unemployment and Wage Growth - The ILO unemployment rate for the three months ending in October increased to 5.1%, up by 0.1 percentage points from the previous quarter, aligning with economists' expectations [1] - The average annual wage growth, excluding bonuses, slightly decreased from 4.7% to 4.6%, suggesting a slowdown in wage increases [1] Group 2: Monetary Policy Implications - The recent data may prompt the Bank of England to restart its rate-cutting cycle after pausing in September and November [1] - Prior to the data release, market expectations indicated a nearly 90% chance of a 25 basis point rate cut to 3.75% [1] - Economists anticipate that the rate cut decision will be closely contested, likely passing with a 5:4 voting ratio among policymakers [1]