Bank of England cuts interest rate by 25 bps amid global trade...

Bank of England cuts interest rate by 25 bps amid global trade uncertainty

Posted

The Bank of England has reduced interest rates to 4.25 percent. This decision follows worries about a global economic slowdown. The slowdown is due to trade policies. These policies are from the Trump administration. A US-UK trade deal is expected. Economists think the rate cut will protect against external demand shocks. Other central banks are also shifting policies.

Read Full Article

Please log in to like, share and comment!

International

US military begins process to remove up to 1,000 trans personnel under new directive

Following a Supreme Court ruling, the Pentagon is implementing a directive to remove transgender...

Von 0 16

International

Trump administration may half 145% China tariff to 50% next week: Report

The Trump administration is reportedly considering slashing tariffs on Chinese imports from 145%...

Von 0 16

National

More jobs expected following dry port construction in Kanchanpur

KANCHANPUR: Local residents in Kanchanpur district are hopeful that the completion of the dry...

Von 0 41

Sports

Evacuate now! IPL Chairman rushes onto field during PBKS vs DC match

Amid escalating India-Pakistan tensions, IPL chairman Arun Dhumal directed spectators to evacuate...

Von 0 46

Entertainment

James Foley director of Fifty Shades Darker passes away

James Foley, the acclaimed director known for 'Glengarry Glen Ross' and the 'Fifty Shades'...

Von 0 52