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…
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of...
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..
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
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 is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision,... IndiaTimes
China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response... IndiaTimes
Thursday, 8 May 2025 ()
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