Bank of England Sounds Alarm on Recession and Global Financial Instability
According to an expert, stubbornly high inflation suggests the Bank of England may have to hike its interest rate again in the near future, possibly risking a global financial crash. As the Bank of England is warned that another interest rate hike will tip the UK into a recession, experts have lined up to advise against raising the current rate of 4.25 percent over fears it will have a further […]