Bank of England ‘analysing’ end of dollar’s prestige
Tuesday, 29 April 2025 () The Bank of England’s stability watchdog is assessing the potential impacts of the dollar’s recent slump after President Trump’s tariffs spooked investors. Sam Woods, head of the Prudential Regulation Authority (PRA) and Bank deputy governor, suggested that the first month of Trump’s global trade war had diminished the dollar’s status as a safe haven currency. [...]
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
Tuesday, 29 April 2025 ()
The Bank of England’s stability watchdog is assessing the potential impacts of the dollar’s recent slump after President Trump’s tariffs spooked investors. Sam Woods, head of the Prudential Regulation Authority (PRA) and Bank deputy governor, suggested that the first month of Trump’s global trade war had diminished the dollar’s status as a safe haven currency. [...]![Bank of England: NI rise could see companies shed workers [Video]](https://video.newsserve.net/300/v/20250320/1405707208-Bank-of-England-NI-rise-could-see-companies.jpg)
![Bank of England expected to pause rate cuts despite contracting output [Video]](https://video.newsserve.net/300/v/20250318/1405379250-Bank-of-England-expected-to-pause-rate-cuts.jpg)
