UK economic growth has been impeded by supply chain trouble and inflation. Therefore, the UK economy kept its interest rates unchanged today. How long will the bank be able to ignore rising inflation?
Asian markets fell as Chinese regulators cracked down on U.S.-listed tech stocks and Japan prepared to declare a COVID emergency right before the Olympic Games.
U.K. Prime Minister Boris Johnson delayed reopening the country’s economy by four weeks as the Delta strain of COVID continued its high infection rate.
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