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#bankofengland

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The Bank of England is poised to cut its key interest rate by 0.25 percentage points on Thursday due to economic uncertainty from President Trump's proposed tariffs. This strategy aims to support economic stability and counteract potential declines in consumer and business confidence caused by rising trade tensions. Discover more about this significant move and its implications in the full article. finance.yahoo.com/news/bank-en #BankOfEngland, #InterestRateCut, #EconomicImpact, #Tariffs, #DonaldTrump

Yahoo Finance · Bank of England set to cut rate amid Trump's tariffsBy AFP