Tag: interest rates
UK Rate Cut Imminent: Bank of England Responds to Economic Squeeze
The Bank of England is widely anticipated to cut its benchmark interest rate this Thursday, with City traders strongly predicting a quarter-point reduction to...
UK Job Market Woes Prompt BoE to Eye Deeper Rate Reductions
Concerns over a weakening UK job market have prompted Bank of England Governor Andrew Bailey to suggest the possibility of more aggressive interest rate...
Bank of England Governor: Tariffs Higher Than Pre-Trump Era
Andrew Bailey, the Bank of England governor, stated that despite the UK's trade agreement with the US, tariffs remain higher than before Donald Trump...