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UK cuts interest rates as it warns Trump’s trade war will hamper growth
semafor.com/article/05/08/2025/uk-cuts-interest-rates-as-it-warns-trumps-trade-war-will-hamper-growth
The News
The Bank of England cut interest rates to 4.25% Thursday, as it warned that Washington’s global trade war will limit the UK’s economic growth over the next few years.
“The past few weeks have shown how unpredictable the global economy can be. That’s why we need to stick to a…
This story appeared on semafor.com, 2025-05-08 13:46:48.