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AP with Eleanor Butler

Bank of England cuts main interest rate as US tariffs threaten growth

Bank of England United States Donald Trump Interest Rates MPC United Kingdom

The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% on Thursday amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration.

The announcement was made two minutes later than usual as a result of the two-minute silence for Victory in Europe Day.

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One subscription that gives you access to news from hundreds of sites

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