20 Hrs
Source:
الاقتصادية
Bank of England Warns of 4% Recession and 7% Inflation
The Bank of England has revealed a stress test scenario for 2026, projecting that the global economy could face a severe shock leading to a 35% drop in stock markets and inflation rising to 7%. The scenario also anticipates a 4% contraction in the UK economy, accompanied by an increase in unemployment rates, due to disruptions in global supply chains and unspecified geopolitical events. This assessment aims to evaluate the resilience of markets against a potential global shock. More than 40 financial institutions are participating in the test, with the goal of measuring how they would respond to a severe worldwide recession and the potential amplification of pressures within the financial system.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)