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Bank of England Warns on Market Impact of Trump Tariffs

Summary by City AM
The Bank of England has warned the UK could be particularly affected by further shocks to markets as a result of being “an open economy with a large financial sector”.  The Bank’s Financial Policy Committee (FPC) warned that while bond markets had deteriorated, they could be in a worse position if President Trump followed through with tariffs.  The report also noted that the collapse in the link between a strengthening in the US dollar and Treas…
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City AM broke the news in London, United Kingdom on Wednesday, July 9, 2025.
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