UK economy shrinks, testing BoE's resolve on rates

UK economy shrinks, testing BoE’s resolve on rates By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Individuals store on Oxford Avenue in London, Britain April 10, 2023. REUTERS/Anna Gordon/File Photograph By William Schomberg and Andy Bruce LONDON (Reuters) -Britain’s economic system shrank in October, official knowledge confirmed on Wednesday, testing the Financial institution of England’s resolve to stay to its powerful line towards signalling cuts to rates…

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Euro zone Q3 GDP shrinks, but employment rises

Euro zone Q3 GDP shrinks, but employment rises By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Cargo ship ‘Cosco Delivery Gemini’ of Chinese language transport firm ‘Cosco’ is loaded on the container terminal ‘Tollerort’ within the port in Hamburg, Germany, October 25, 2022. REUTERS/Fabian Bimmer/File Photograph BRUSSELS (Reuters) – The euro zone financial system contracted marginally quarter-on-quarter within the third quarter, a brand new estimate confirmed on…

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