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A No-Deal Brexit Is Coming in 2020, So Is a Recession

A No-Deal Brexit Is Coming in 2020, So Is a Recession

Dan Hanson

(Bloomberg) --

An election is brewing in Britain. Bloomberg Economics expects it to return a government with a mandate for a hard Brexit, which will be delivered in early 2020. A recession, above-target inflation and rate cuts by the Bank of England are likely to follow.

©2019 Bloomberg L.P.

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