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Surveillance: BOE Lifts Rates to 5.25%

Bloomberg Surveillance

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The Importance of Weakflation in the Economy

Tom Porceli of PIGIUM fixed income joining us here. Tom, our call at PIGIUM is that we do not suffer through a recession. We're calling it weakflation. It's a dynamic where inflation remains north of target, but growth remains sluggish. And that's what we expect over the coming year.

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