High prices and low growth should nip UK and eurozone interest rate rises in the bud

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High prices and low growth should nip UK and eurozone interest rate rises in the bud
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Central banks talk tough about tackling inflation, but raising borrowing costs now risks plunging us into recession this year

recession lurks just around the corner. That’s what many economists and financial analysts in the UK and across Europe fear ascollide with the Russian invasion of Ukraine to undermine the post-Covid recovery.

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