US EditionBank of England Warns on Market Impact of Trump Tariffs
6 Articles
6 Articles
The Governor of the Bank of England, Bailey, "criticized" Trump's trade war: detrimental to the interests of global households and leads to economic fragmentation.
TheGovernor of the Bank of England, Andrew Bailey, stated that Donald Trump's trade war initiated globally is not the correct way to address global economic imbalances and will instead harm the interests of families in various countries.
Greater risk to UK economy following Trump's tariffs, says Bank of Eng
The future of the UK economy is weaker and more uncertain due to President Trump’s tariffs and conflict in the Middle East, the Bank of England has said. “The outlook for UK growth over the coming year is a little weaker and more uncertain,” the central bank said in its biannual health check of the UK’s financial system. Economic and financial risks have increased since the last report was published in November, as global unpredictability contin…
Bank of England warns on market impact of Trump tariffs
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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