Investors worldwide the globe are witnessing a wave of concern as inflation figures continue to soar. Stock markets plummeted sharply in numerous countries, with traders attributing the recent drop to persistent cost-of-living pressures.
The Bank of England has already begun raising interest rates
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Financial experts worldwide/globally/across the globe are closely monitoring/observing/tracking the latest economic indicators as fears of a potential/imminent/forthcoming recession grow. Recent trends/developments/shifts in key areas such as inflation, interest rates, and consumer spending/demand/p