UK shows signs of recovery from mild recession, says Bank of England

UK shows signs of recovery from mild recession, says Bank of England
By: The Guardian Posted On: February 20, 2024 View: 11

Bank’s governor predicts Britain’s economy will receive a boost when interest rates start to fall later this yearBritain is showing signs of recovery from its mild recession and will receive a boost when interest rates start coming down later this ould be eased later this year.The governor rejected accusations that Threadneedle Street’s reluctance to cut borrowing costs despite falling inflation meant it was “behind the curve” and made it clear rate cuts were coming. Continue reading...

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