UK Headed for Recession if Rates Reach 6%, Economist Says
(Bloomberg) -- Britain could tip into a shallow recession if the Bank of England pushes its benchmark lending rate to 6% as investors expect, an analysis by Bloomberg Economics showed.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicGlobal Stocks Slip on Worry Rally Looks Exhausted: Mar