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
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.
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 votes to cut interest rates to 4.5pc
The Bank of England has voted to cut interest rates from 4.75% to 4.5%, as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee (MPC) voted for a quarter-point reduction after similar cuts in August and November last year, bringing the base rate to its lowest point since June 2023.
Bank of England restarts monetary easing, cutting key rate to 4.5%
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 interest rates despite looming inflation surge
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this year.
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
Bailey speech: We expect to be able to cut bank rate further
Bank of England (BoE) Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press following the decision to lower the policy rate by 25 basis points (bps) at the February meeting. "We expect to be able to cut bank rate further but we will have to judge meeting by meeting how far and how fast."
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 slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK.The sharp downgrade, which estimates gross domestic product at 0.
Bank of England policymakers speak after rate cut, weaker growth forecast
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...
Bank of England halves growth forecast for the UK
The Bank of England has downgraded its growth forecast for the UK, warning that the economy will expand by just 0.75% this ...
Bank Of England: Easy Decision Made But Trickier Ones Ahead
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
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 ...
Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here
SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...