[bank of England Governor Pele: the latest labor market data show that the labor market is very tight] on June 13, Bank of England Governor Pele said that the Bank of England has incorporated more inflation persistence into the model; the latest labour market data show that the labour market is very tight; the recovery of labor supply is very slow; inflation will fall, but it will take longer. The lack of labour supply has caused British companies to "hoard" workers.