BOE Decision: Andrew Bailey on Interest-Rate Cut, UK Budget, Trump Tariffs
Bank of England Governor Andrew Bailey discusses the central bank’s decision to cut its benchmark interest rate to 4.75%, the market reaction to Chancellor of the Exchequer Rachel Reeves’ budget last week, and the impact tariffs from the US could have on the UK economy following the re-election of Donald Trump. He speaks to Bloomberg’s Francine Lacqua in London.
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