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Tariffs Force Bank of England to Consider Faster Pace of Cuts
The Bank of England is set to cut interest rates by a quarter point this week and may even pave the way for a series of ...
Bank of England could make huge interest rates step this week due to Trump chaos
As Governor Andrew Bailey warned at last month’s IMF meetings: the UK — an open, trade-dependent economy — faces a “growth ...
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What will the unravelling of US-China trade mean for the economy?
Bilateral trade was worth $582 billion in 2024. The US imports $41 billion worth of smartphones a year from China, or 73% of imports in the category. With laptops, it’s $32 billion at 66%.
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Bank of England tipped to cut rates to 3.25% as UK exports suffer worst slump since Covid
It comes as speculation grows that the Bank of England will step up the pace of its interest rate cuts as ‘insurance against Donald Trump’s erratic behaviour’. US investment bank Morgan ...
Bank of England could signal faster rate cuts after Trump tariffs
The Bank of England is expected to lower interest rates by a quarter point on May 8 as U.S. President Donald Trump's tariffs ...
City A.M.7d
Bank of England ‘analysing’ end of dollar’s prestige
Sam Woods said the Bank of England is assessing how financial systems would cope with the collapse of the dollar. The Bank of England’s stability watchdog is assessing the potential impacts of ...
Tariffs force Bank of England to mull faster pace of cuts
Most economists believe Britain’s central bank will switch to a dovish stance after judging that Donald Trump’s tariffs will ...