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World

Interest rates can’t go back to being as low as they were

12 April 2023

1:30 AM

12 April 2023

1:30 AM

Good news – at least for those who hold faith in economic forecasts. The IMF has just eradicated half the recession it forecast, in January, for Britain. At that point, it expected the UK economy to shrink by 0.6 per cent over 2023 – which would have meant Britain uniquely suffering a recession among advanced nations.

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