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Evening Standard
Evening Standard
Business
Anna Wise

Global stability risks rise as US tariffs could weigh on growth, Bank warns

United States Donald Trump Bank of England FPC
Risks to the stability of the world’s financial system have increased as US tariffs could weigh on global economic growth, the Bank of England has warned (Yui Mok/PA) - (PA Archive)

Risks to the stability of the world’s financial system have increased as US tariffs could weigh on global economic growth, the Bank of England has warned.

Households and businesses nonetheless remain resilient and the UK banking system is equipped to support them even through a period of stress, the Bank’s Financial Policy Committee (FPC) said in its latest report.

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