Bank of England slashes rates to 4.25% as tariffs threaten growth

The Bank of England (BoE) has reduced its benchmark interest rate by 0. 25 percentage points to 4. 25%. This is the central bank’s first rate cut of the year and comes amid growing concerns about global trade tensions triggered by new US tariffs. The move from the Bank’s Monetary Policy Committee (MPC) marks the fourth rate […] source: https://www.cryptopolitan.com/bank-of-england-slashes-rates-to-4-25/