BoE Governor Andrew Bailey emphasized the growing downside risks to UK growth stemming from US President Donald Trump’s tariff policies. Speaking at an IIF conference, Bailey said, “We do have to take very seriously the risk to growth,” highlighting the UK’s vulnerability as a highly open economy. He noted that the impact of U.S. trade […]
The post BoE’s Bailey: We must take tariff-related growth risks very seriously appeared first on Action Forex.
Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected to cut by 25bps at its 20 May meeting. For the past several quarters, the near-term outlook for RBA policy Read more…
It was another day of trade tariffs “drama” within the US White House administration. Yesterday, 23 April, the Wall Street Journal reported that the White House is considering cutting the steep tariffs on Chinese imports Read more…
Nada Choueiri, deputy director of IMF’s Asia Pacific Department, told Reuters that BoJ is likely to delay further interest rate hikes as heightened uncertainty from US tariff policy weighs on business sentiment and economic outlook. Read more…