Bank of England cuts interest rates to 4.25% as it sees tariff hit to growth
Thursday, 8 May 2025 () The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policy-makers as U.S. President Donald Trump’s tariffs weigh on global economic growth. The BoE’s Monetary Policy Committee voted 5-4 in favour of the…
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report...
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
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..
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
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
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic momentum and easing inflation pressures.... Invezz
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... City A.M.
Thursday, 8 May 2025 ()
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