Recession fears loom over Europe amid stubborn inflation and rising interest rates
As inflation bites, the UK is bracing for further interest rate hikes and the risk of a recession. Germany is already there. UK Chancellor Jeremy Hunt has said he is comfortable with the UK falling into a recession if it brings down inflation. He said he would support the Bank of England further…
#jeremyhunt #bankofengland #skynews #liztruss #boe #jensoliverniklasch #europeancentralbank #olafscholz #ministryofeconomy #globalmarketinsight