Institute of Chartered Accountants in England & Wales: Rates Set for Prolonged Pause Amid 'Locked In' Stagflation
April 16, 2026
April 16, 2026
LONDON, England, April 16 -- The Institute of Chartered Accountants in England and Wales issued the following statement by Chief Economist Suren Thiru in response to the British GDP figures released by the Office for National Statistics:
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"These figures are unlikely to ease stagflation fears given that February's surprisingly strong growth has been pushed firmly into the rear-view mirror by the renewed energy and supply chain shocks caused by the Middle E . . .
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"These figures are unlikely to ease stagflation fears given that February's surprisingly strong growth has been pushed firmly into the rear-view mirror by the renewed energy and supply chain shocks caused by the Middle E . . .