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Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.
Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.
US President Donald Trump on April 2 announced the tariffs on world nations, effectively declaring a trade war globally. The ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
The consumer-price index rose 2.6% in March from a year earlier, slowing from an annual rate of inflation of 2.8% in February, the U.K.'s Office for National Statistics said Wednesday. Inflation came ...
When this steamy election campaign started we polled you. In a few hours five thousand people responded. The results ...
It is the biggest lender to reduce rates in recent days, after US President Donald Trump’s tariffs policy raised expectations of a Bank of England interest rate cut. According to financial ...
The economic uncertainty caused by US President Donald Trump's trade tariffs may mean UK interest rates fall further than expected. When the Bank of England ... which is the increase in the ...
On Wednesday, the Reserve Bank cut the benchmark interest rate by 25 basis points (bps) to 6% for the second consecutive time, after its three-day monetary policy review meeting. In February ...
Reserve Bank governor Michele Bullock has tempered growing expectations of deep cuts in official interest rates to protect the economy and jobs market from the fallout from Donald Trump’s tariff ...
A former Bank of England member has said he would vote to hold interest rates at 4.5 per cent due to high inflation. A former Bank of England rate-setter has suggested that high inflation levels ...
Former Bank of England rate-setter Jonathan Haskel has indicated that current high inflation levels warrant maintaining interest rates at 4.5 per cent in May. Investors and analysts, anticipating a ...