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 ...

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.

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%.

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

Reuters. FILE PHOTO: Economist and member of the Bank Of England’s Monetary Policy Committee Catherine Mann poses for a photograph ahead of a speech at Manchester Business School in Manchester ...

Bank of England Governor Andrew Bailey told CNBC Tuesday that interest rates should come down gradually. Economists widely expect policymakers to cut rates by 25 basis points at the next gathering ...

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep uncertainty hanging over the British and world economies.

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 ...

The Bank of England needs to pay closer attention to the impact of its quantitative tightening programme on monetary and financial conditions now that it is cutting interest rates, BoE policymaker ...