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'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 Interest Rates Live: Rate cut to 4.5%, Governor Bailey warns of uncertainty
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
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 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 cuts interest rates to 4.5% in boost for mortgage holders
Interest rates are now at their lowest level since June 2023 as governor Andrew Bailey says the Bank expects to be able to cut interest rates further.
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 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 ...
Bailey Cautions Markets on Dovish Reaction to BOE Vote Split
Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...
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Bank of England's Pivotal Move Amid Inflation Concerns
The Bank of England has reduced interest rates, predicting a temporary inflation rise and halving its growth forecast.