UK now set for 6.25% interest rate this year

UK now set for 6.25% interest rate this year

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The UK will be pushed into a recession by the end of the year, according to analysts at Bloomberg Economics. Experts at the news agency said the Bank of England - which last week shocked investors by raising interest rates half a percentage point to 5% - will tip the country into a year-long…

#bloombergeconomics #bankofengland #mpc #g7

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