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Stock market slide fuels global financial meltdown fears - 'Talk of recession is rife'

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STOCK MARKET falls in the UK, US, Europe and Asia have fuelled concerns about a possible global recession.

Mr Haldane, who is now chief executive of the Royal Society of Arts, told LBC radio that the inflation crisis could continue into 2024 and peak even higher than the 10.25 percent predicted by the Bank last week.

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