P.M. Edition for Aug. 4. The Bank of England has made its biggest rate hike in more than 25 years, to help tame soaring inflation. But the central bank still warned that the U.K. economy is headed for a recession this year. Reporter Will Horner joins host Annmarie Fertoli to discuss how the BOE’s move compares to global efforts to rein in inflation.
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Bank of England Raises Interest Rates, Warns of Recession
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