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You are here: Home / JPMorgan warns UK could see ‘hard landing,’ says interest rates could hit 7%

JPMorgan warns UK could see ‘hard landing,’ says interest rates could hit 7%

July 6, 2023 by US Top News and Analysis

JPMorgan expects U.K. interest rates to peak at 5.75%, but cautions that they could go higher “under some scenarios,” hitting as much as 7%.

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