Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP
Bloomberg Daybreak: Europe Edition
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The UK Property Market Is Squeezed by Higher Interest Rates
A string of hotter than forecast wage and CPI readings has brought about a dramatic re-pricing in UK interest rate expectations. Bloomberg economics has been looking into what 6% UK interest rates would mean for the UK economy. The question really is whether this new data pushes some of the hawks on the committee, innovating for a half point hike.
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