Bank of England cuts interest rates to 4.25% as it sees tariff hit to growth

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The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policy-makers as U.S. President Donald Trump’s tariffs weigh on global economic growth.
The BoE’s Monetary Policy Committee voted 5-4 in…

This story appeared on theglobeandmail.com, 2025-05-08 11:07:20.
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