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U.K. Bonds Signal Recession as Inflation Bedevils BOE’s Response

  • Yield curve inverts for first time since financial crisis
  • Inflation unexpectedly rose above Bank of England’s 2% target
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Recession Warnings Pile Up for Global Economy

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The U.K. just got its biggest recession warning since the global financial crisis, yet the Bank of England also got a reminder of how difficult its job might be in responding.