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Evening Standard

Business

Anna Wise

Bank chief says world ‘too unpredictable’ when forecasting UK economic outlook

Andrew Bailey United Kingdom Donald Trump Interest Rates

Andrew Bailey (Carlos Jasso/PA) - (PA Wire)

The Governor of the Bank of England has said the unpredictability of world events including tariffs and conflict in the Middle East makes it hard to determine the outlook for the UK economy.

Andrew Bailey said he viewed domestic issues as more important than global ones when it comes to setting interest rates.

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