Background colour

PREVIEW

ID: 54727676 Video

Headline: Bank of England Cuts Base Rate to 4.25% Amid Trade War Concerns

Caption:

The Bank of England has reduced its base interest rate from 4.5% to 4.25%, citing the ongoing trade war as a contributing factor. The decision came just before the official confirmation of a trade deal between the UK and the US, highlighting economic uncertainties.

Keywords: Current Affairs & Politics,Bank of England,interest rate cut,monetary policy,trade war,inflation,UK economy,growth forecast,global trade,economic slowdown,Andrew Bailey,Brexit impact,interest rate decision,economy,interest rates,fiscal policy,economic growth,UK financial policy,global trade tensions,monetary policy committee,financial forecast,central bank

PersonInImage: