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Scotiabank economists will be.......>

US DATA PREVIEW
US DATA PREVIEW: Scotiabank economists will be focusing on Friday's wage data.
"Recall it accelerated in January to 2.9% y/y which was the highest since 2009.
Fed Chair Powell dismisses wage pressures and he's generally right to do so if
we're talking unit labour costs that essentially amount to productivity adjusted
wage pressures." Scotiabank suspects markets will "see a lower wage growth print
next week as the January reading benefited from year-ago base effects that
became less favourable in February.

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