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Week Ahead (2/2)

UK
  • In addition to the MPC meeting, we also get labour market data on Tuesday with wage growth in focus, particularly after Tenreyro’s recent comments that the BOE’s Agents Survey has picked up evidence of wage increases. This will of course be a very important factor for the MPC when judging how much wider inflationary pressures will be passed through with second round impacts.
  • Of course, this week’s FOMC meeting will also have a bearing on UK markets this week, too, and we will have the last UK auction of the fiscal year (the 10-year linker).

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