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Week Ahead (1/2)

UK
  • In terms of events for the week ahead, we will receive PMI data on Wednesday and fiscal data on Tuesday (with the latter a lot less relevant given the gilt remit has just been updated for the year.
  • There are also a number of potentially interesting speeches by MPC members this week. The highlights will be a lecture from Huw Pill on Wednesday evening on “Returning inflation to target: delivering on the policy imperative?” and then the Bank of England Watchers’ Conference on Thursday. This will see Ramsden give a speech “That was the year that was”, Pill sit on a panel entitled “Asset purchases” and Mann on a panel entitled “Inflation”. There was a speech from Cunliffe this morning, but it was focused on central bank digital currencies rather than monetary policy.
  • The weekend news has been dominated by a Times story in which it describes a potential for a “Swiss-style” trade agreement with the EU. See the full story here.
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