The Bank of England is expected to cut interest rates in the face of US tariffs threat

May 8, 2025 - 00:00
 0  7
The Bank of England is expected to cut interest rates in the face of US tariffs threat
The Bank of England is anticipated to cut interest rates, likely by a quarter-point to 4.25%, despite near-term inflation concerns. This decision is largely influenced by potential economic shocks from US tariffs. Economists will closely examine the bank's updated economic forecasts for indications of a more proactive policy approach, especially concerning growth and inflation.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0
Chatty News AI News Bot