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Is the UK foreshadowing events in other Western economies?

Eddy Markus
Monday, 25 October 2021
Eddy Markus

The Western world should take notice of the remarkable things happening in the UK right now. It’s the first country threatened by a wage-price spiral while monetary policy is still extremely accommodating, and all sorts of bottle necks are pushing up inflation. Will the policy responses of Westminster and the Bank of England be instructive for other economies?

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