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25 April 07:00

Bank of England governor warns of 'growth shock' from US tariffs but rejects risk of UK recession

Adrian Rusu

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International

Foto: Andrew Harnik / Getty images / Profimedia

The governor of the Bank of England, Andrew Bailey, said on Thursday that the institution is focused on the potential impact of US-imposed tariffs on UK economic growth amid a possible decline in global trade. The remarks were made in an interview with CNBC at the IMF and World Bank spring meetings.

Sources

Guvernatorul Băncii Angliei avertizează asupra ”şocului de creştere” generat de tarifele SUA, dar respinge riscul unei recesiuni în Marea Britanie

Financial Intelligence

Guvernatorul Băncii Angliei avertizează asupra ”şocului de creştere” generat de tarifele SUA, dar respinge riscul unei recesiuni în Marea Britanie

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy

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Economy

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International

Jamie Dimon, the CEO of JPMorgan Chase, signals that the recent bankruptcies in the auto sector indicate a correction in the credit market, after a period of loose lending.

International

Scott Bessent, the U.S. Treasury Secretary, states that the volatility of the stock markets will not influence trade negotiations with China, emphasizing the firm measures against Beijing.

International

German Chancellor Friedrich Merz advocates for the deregulation of the European banking sector, arguing that current regulations are affecting the German economy.

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Andrew Bailey Governor of the Bank of England

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