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 Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport,
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. Sterling plunged 1.1pc during trading to $1.237 after policymakers cut interest rates to 4.
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, 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 chief economist downplays fears over inflation surge
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday prices longer term.
Bank Of England Cuts Key Interest Rate As Pound Drops And Stocks Rally
The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4.5% on Thursday, marking the third cut since the easing cycle began in August last year. The widely expected move reflects progress in curbing inflation,
Bank of England cuts rates as it sees weaker growth and inflation spike
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary, while two officials unexpectedly voted for an outsized rate cut.
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 ...
Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
Andrew Bailey lays bare the damage of Reeves’s broken promises
Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...
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.
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
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 ...
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 ...