Lord King says the time for interest rates hikes is over

New data showed private sector output shrank this month at the fastest pace since January 2021 when Britain was in lockdown.

Lord King said there's a 'clear risk' that central banks 'overdo' interest rate hikes. The ex-Bank of England governor said we now must 'wait' for inflation to fall.

Lord King said there's a 'clear risk' that central banks 'overdo' interest rate hikes. The ex-Bank of England governor said we now must 'wait' for inflation to fall

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