Bloomberg Daybreak: Europe Edition cover image

Bank of England Decision, US Jobs Report, and More

Bloomberg Daybreak: Europe Edition

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Analysis of the UK Economy and Bank of England's Goals

This chapter examines the current state of the UK economy, speculating on a mild recession, and discusses the Bank of England's aim to slow down economic growth. It analyzes the impact of interest rate hikes, the potential for a deeper fall in GDP, and questions whether the bank is nearing the end of its hiking cycle.

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