June 8, 2025
Sydney 29

The Bank of England is expected to cut interest rates in the face of US tariffs threat

Bank of England (File Photo AP) LONDON: The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration. Most economists believe it’s a […]

China eases monetary policy, slashes key rates as Donald Trump’s tariffs hit growth

A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US […]