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UK money supply stops growing in possible recession warning

Economists who predicted the surge in inflation during the pandemic after seeing moneysupply growth rocket are now worried that the UK is in danger of recession and deflation. Bank of England data on Wednesday showed that M4 excluding intermediate other financial corporations a closely watched measure of money supply was no higher in July than a year earlier.
United Kingdom Margaret Thatcher Janus Henderson Simon Ward Tim Congdon Institute Of International Monetary Research

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