It was a sobering outlook from the Bank of England, warning of a ‘very challenging’ environment ahead for a U.K. economy that is already in recession.
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British Pound Breaks Down on BoE’s .75% Hike: GBP/USD, GBP/JPY
It was a sobering outlook from the Bank of England, warning of a ‘very challenging’ environment ahead for a U.K. economy that is already in recession.