Bank Governor Reveals Two Things that Will Drive UK Interest Rate Cuts, and EU Shock at Trade Tariff
3 Articles
3 Articles
Because the US continues to threaten the EU with tariffs, the Italian Foreign Minister of the ECB proposes interest rate cuts. It is about the economy in the eurozone, he said.
Bank Governor reveals two things that will drive UK interest rate cuts, and EU shock at trade tariff
The pound fell to a three-week low on Monday, losing 0.17% against the dollar and twice that against the euro. Meanwhile, following the news that US President Donald Trump plans to implement a 30% tariff on EU imports, the euro grew more than 0.2% on the dollar. Bank of England Governor Andrew Bailey buoyed predictions of an August interest rate cut after telling The Times that he “believe[s] the path is downward”, though he admits the pace and …
The United States will impose 30 percent tariffs on imports from the European Union
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