Slow pay growth, oil slump make rate hike less urgent: BoE's Weale

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But Weale, who was one of two BoE rate-setters who pushed unsuccessfully in late 2014 for higher borrowing costs, also said rates would probably have to rise sooner than financial markets currently imply, the newspaper quoted him as saying.

(Writing by William Schomberg; Editing by Dominic Evans)