Bank of England Cuts Interest Rate Amid Trade War Concerns

Posted: 2025-05-09 16:17:43 UTC

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2025-05-09 16:20:33 UTC

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The Bank of England has cut the interest rate from 4.5% to 4.25%, citing Donald Trump’s trade war as a key reason.

Interest rate reduction

Impact of Trump's trade war on borrowing costs

Economic uncertainty due to trade war