Trump tariffs loom over Bank of England's best-laid rate cut plans
Nov 7, 2024 · Bank of England Governor Andrew Bailey stuck to his script outlining gradual interest rate cuts on Thursday, but Donald Trump's White House return and threats to impose tariffs could force...
London faces gold shortage as traders ship to NYC fearing Trump …
1 day ago · London is facing a gold shortage after traders pulled out billions in bullion from the vaults of the Bank of England and stockpiled them in New York amid fears that Donald Trump will slap fresh ...
Bank of England prepares to cut rates despite Trump election …
Nov 6, 2024 · Borrowing costs hit 17-year highs and sterling falls as the budget and Donald Trump’s imminent return dent confidence.
Bank of England to cut rates gradually as the world braces for Trump…
Nov 19, 2024 · The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split on the impact U.S. President-elect...
Bank of England delays new capital rules ahead of Trump …
Jan 17, 2025 · The Bank of England has delayed the start of new capital rules for British banks by a year while it waits to see how the incoming Trump administration will implement the global Basel...
Bank of England issues mortgage rate warning to 4.4 million
Nov 29, 2024 · Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm over the potential impact of Donald Trump's looming return to the White House. Its latest financial stability report - released twice a year - showed 4.4 million homes were set to refinance at higher rates.
Bank of England mortgage warning as governor blames Rachel …
Nov 19, 2024 · The governor of the Bank of England has blamed the election of Donald Trump and the UK budget for recent increases in the cost of fixed rate mortgages.
Trump election boosts UK inflation risks, Bank of England's Mann …
Nov 14, 2024 · The Bank of England should keep interest rates on hold until upside risks to inflation - including those posed by the election of Donald Trump as the United States' next president -...
'There is a deal to be done' between Trump, Musk and the UK
Jan 9, 2025 · A former Bank of England chief has told LBC the Labour government have a "mixed scorecard" where the economy is concerned - and predicts "there is a deal to be done" between Donald Trump, Elon Musk and the UK.
Bank of England to Cut Rates Gradually as the World Braces for Trump…
Nov 19, 2024 · BENGALURU (Reuters) - The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split on the...