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UK interest rates will fall to 3 per cent next year, says CEBR
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BRITAIN'S economy is growing at only a snail's pace, and there is
a "heavily increased risk" of a world recession, according to a
leading forecasting group this morning.
The Centre for Economics and Business Research warns there is now
a 35 per cent probability of the international economy slowing so
much over the next two years that the world will be trapped in a
Japan-style deflationary recession. And it sees UK interest rates
being slashed to 3 per cent by the end of next year to p...
Related newspaper, magazine, and journal articles from HighBeam Research
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Experts disagree on what will happen next in the economy
The Independent - London
; ... prospects for the economy in two reports published today. The UK's strong economy will be a double-edged sword for the Chancellor ... report from a competing consultancy predicts a sharp slowdown next year. Business Strategies says an end to the growth in employment and fears of higher ...
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