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Interest rates: Success could lead to failure

Two reports released today show that if the UK's recovery happens too fast, it could create serious problems

By Jay Elwes  

The meeting room of the Bank of England's governing body, the Court of Directors. © Bank of England

The International Monetary Fund today released its World Economic Outlook, a document that contained both good news and bad.

The good news is for Britain—or more specifically, for the Government. The IMF predicts that in 2014, the UK will experience the most rapid economic growth of all the advanced economies. So whereas…

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