Bank of England cites trade war hit for interest rate cut to 4.25%

The Bank of England has cut interest rates from 4.5% to 4.25%, citing Donald Trump's trade war as one of the key reasons for the reduction in borrowing costs.

May 8, 2025 - 13:08
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Bank of England cites trade war hit for interest rate cut to 4.25%
The Bank of England has cut interest rates from 4.5% to 4.25%, citing Donald Trump's trade war as one of the key reasons for the reduction in borrowing costs.