India  

Bank of England cuts interest rate in split decision 

City A.M. Thursday, 8 May 2025 ()
Bank of England cuts interest rate in split decision The Bank of England has cut interest rates to 4.25 per cent in a split decision dividing hawks and doves.  The Bank’s policymakers suggested that President Trump’s aggressive tariffs on China were “more likely to be disinflationary than inflationary”, with price growth expected to level off to its two per cent target by the end [...]
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Bank of England: NI rise could see companies shed workers [Video]

Bank of England: NI rise could see companies shed workers

The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an..

Credit: ODN     Duration: 00:52Published
Bank of England expected to pause rate cuts despite contracting output [Video]

Bank of England expected to pause rate cuts despite contracting output

Bank of England expected to pause rate cuts despite contracting output Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation..

Credit: euronews (in English)     Duration: 04:34Published

Related news from verified sources

Bank of England may cut interest rates by 0.25% amid tariff tensions

The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision,...
IndiaTimes

GBP/USD forecast: sigjal ahead of Bank of England rate cut

The GBP/USD exchange rate has formed a giant cup and handle pattern, pointing to a strong British pound surge in the near term. The pair traded at 1.3355 on...
Invezz

Europe set for higher open ahead of BoE's decision

Major European stock markets traded higher during premarket hours on Thursday ahead of today's monetary decision by the Bank of England (BoE), which is expected...
Upworthy