The Week Ahead – CPI in the US, China, India, Sweden and Norway and BOC, BOK, RBNZ Meetings
Nomura – The Week Ahead
The Second Round Effects of Inflation in the UK
The UK labour market is the poster child of what second round effects of inflation look like. Unemployment fell unexpectedly, earnings shot up, beating expectations. Mr George: I think it's definitely safe to say we are in a wage-price spiral at the moment in the UK.
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