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U.K. Risks Higher Inflation if It Retaliates Against Tariffs, BOE’s Bailey Warns
The U.K. has been hopeful of a trade deal with the U.S., but had previously drawn up a list of items for potential ...
IMF forecasts three more Bank of England rate cuts this year - what it means for your money
The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff ...
Bank of England rate-setter says US tariffs likely to push down on inflation
Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.
Bank of England's Bailey Focuses on Growth Hit From Tariffs
WASHINGTON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday he was focused on the shock to economic growth ...
The Independent9d
UK inflation dips in March, potentially paving the way for another interest rate cut
However, inflation remains above the Bank of England's target of 2% and is set to rise to over 3% in April due to a confluence of factors, including higher domestic energy bills as well as the ...
Bank of England chief focused on tariff ‘growth shock' but downplays UK recession risk
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from ...
UK inflation rate has fallen. Here's why it won't last long
Some of these increased costs will feed into the next set of inflation data published in May. As a result, analysts think ...
Falling petrol prices drive drop in UK inflation rate to 2.6%
The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
100% chance that Bank of England will cut interest rates next month, markets predict
LSEG data suggests a quarter point cut is inevitable on 8 May following remarks on inflation by a member of the Bank's ...
BoE's Greene Says US Tariffs Likely to Put Downward Pressure on UK Inflation
Greene said Britain's decision not to levy reciprocal tariffs meant it was likely to become a destination for cheaper goods ...
Yahoo Finance3d
Bank of England rate-setter says US tariffs likely to push down on inflation
A Bank of England policymaker has said US trade tariffs are more likely to push down on UK inflation than to push it up, but that there are risks on both sides. Megan Greene told Bloomberg ...