Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve Sedgwick.
Bank of England Governor Bailey: We expect to be able to cut bank rate further
"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by meeting, how far and how fast," Bailey told a news conference
Pound plunges as Bank of England cuts rates – and hints at more to come
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this year.
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
EWU: The Bank of England Cuts Rates To Support Growth, Downplays Inflation
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Bank of England cuts interest rates to 4.5% as it downgrades growth forecast
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.
Bank of England's Bold Move: Interest Rate Cut Amid Growth Concerns
The Bank of England has lowered interest rates and halved its growth forecast for the year. Two officials surprised markets by calling for a larger cut in borrowing costs. Governor Andrew Bailey expressed caution,
Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1
The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
US should support World Bank and IMF - Bank of England boss
Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.
Bank of England suffers exodus of gold bullion
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
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The Bank of England's Strategic Steps Amid Inflation Concerns
The Bank of England has reduced interest rates and adjusted its growth forecasts, citing temporary inflationary pressures. Governor Andrew Bailey emphasized balancing future rate cuts with global ...
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...