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Evening Standard
Evening Standard
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Jack Kessler

Bank of England raises rates and warns of recession

Were I the UK’s governing party, I would choose not to have my central bank raise interest rates, predict double-digit inflation and warn of a recession halfway through polling day. But such are the joys of Bank of England operational independence.

There are of course no good slide shows. Instagram ‘photo dumps’ are a particular bugbear of mine. But the Bank’s Monetary Policy Report makes for depressing reading.

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