President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
The longer uncertainty over tariffs persists, the more it will damp economic activity, the central bank governor said.
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve Sedgwick.
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...
Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff ...
Irek Kusmierczyk has voiced support for Mark Carney to become the new leader of the Liberal Party and prime minister of ...
Canada’s combination of industry, innovation, economy and values make the country ready to rise to today’s challenges, said ...
Carney is spending part of Wednesday in the city with local MP Irek Kusmierczyk (L — Windsor-Tecumseh), who on Tuesday ...