Immigration Can Help Reduce Inflation In The UK
The Deputy Head of the International Monetary Fund believes immigration can allow the UK to cut inflation significantly. Don’t forget the UK recently imposed a limit on the total number of legal migrants.
It seems that the high inflation rate in the UK will not come down any time sooner. Most of it is because of sectors like farming and hospitality in which employers are forced to pay higher wages to recruit people for large vacancies.
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