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In 'Divided' Decision, BoE Cuts Rates, Plays Down Tariff Fears; Trump Trounces "FOOL" Powell For No Fed Cut
zerohedge.com/markets/divided-decision-boe-cuts-rates-plays-down-tariff-fears-trump-trounces-fool-powell-no-fed
In 'Divided' Decision, BoE Cuts Rates, Plays Down Tariff Fears; Trump Trounces "FOOL" Powell For No Fed Cut
Ahead of an expected trade deal between US and UK, the Bank of England cut rates by 25bps to 4.25% (as expected) this morning.
However, the divided decision surprised markets by…
This story appeared on zerohedge.com, 2025-05-08 12:32:17.