Bloomberg Daybreak: Europe Edition cover image

Chancellor's Advisers Warn Of Rate Hike Risks And Fed Drops Recession Forecast

Bloomberg Daybreak: Europe Edition

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The Bank of England's Hiking Cycle

Jeremy Hunt's Council of Economic Advisers think the Bank of England might be hiking interest rates too much. Sources tell Bloomberg that a majority of the seven member council worry that better than expected inflation data suggests a serious slowdown is coming. The former Bank of England, Governor Mervyn King, shares that view.

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