The UK economy unexpectedly contracted in March as the cost of living squeeze forced consumers to cut back on spending. The danger of recession is a global risk, especially in Europe. An economy that is vulnerable to the fallout from the war in Ukraine. Bloomberg’s Caroline Hyde discusses recession risk, and how governments and central banks are looking to approach it.
Originally published at https://www.youtube.com/watch?v=7JQr84MmV5I
This news story originally appeared at Finance - Reality Syndicate Viewers on 10 July 2022