India  

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

IndiaTimes Thursday, 8 May 2025 ()
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.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

ECB cuts rates again as Trump tariffs weigh on economic outlook [Video]

ECB cuts rates again as Trump tariffs weigh on economic outlook

ECB cuts rates again as Trump tariffs weigh on economic outlook The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..

Credit: euronews (in English)     Duration: 01:00Published
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