The central bank reduced its key interest rate from 4.5% to 4.25% on Thursday amid a backdrop of lackluster economic growth and uncertainty around President Donald Trump's trade tariffs.

Reuters. FILE PHOTO: The Bank of England building is seen behind tulip flowers in London, Britain, April 14, 2025. REUTERS/Carlos Jasso/File Photo ...

Bank of England Gov. Andrew Bailey discussed the impact of U.S. tariffs, ahead of President Trump's media conference. (Jaimi Joy/Bloomberg News) Any kind of trade deal will help limit the damage ...

Any kind of trade deal will help limit the damage to the U.K. from President Trump's tariffs, said Bank of England Gov. Andrew Bailey, who added that he hadn't been briefed on the contents of the ...

LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%.