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Recession bears down on interest rate hawks

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  • Recession bears down on interest rate hawks

    The question for the Bank of England is when and how quickly the slowing economy will drag down inflation. By Ashley Seager

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    Re: Recession bears down on interest rate hawks

    A very worrying article. It seems over the last month, the general expectation has moved from slowdown to true recession. That is a very bad sign. It's also noticeable that it almost looks like oil prices might have peaked last month. They've fallen around $10 since then, and the UK currency has strengthened against the dollar.

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