Bailey says Boe said ‘strict’ risk ‘risk for growth from Trump tariffs’

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British Governor Andrew Bailey Bank’s BAILEY, Donald Trump’s tariff policy “Seriously admitted”, the Central Bank is likely to reduce interest rates in response to global trade.

“Supports trade development,” Bailey said in Washington on Wednesday. “The split of the global economy would be bad for growth.”

The US President announced on April 2 ‘Freedom Day’10 percent in the UK will apply the “mutual” tariff. This intends to appeal to the EU and many other trading partners, if 20 percent is below Trump.

“The United Kingdom is a very open economy. This is not only the connection between the United States and the United States and the United States and the rest of the world,” he said at the Bailey International Financial Conference Institute. He added that this was seriously “should take seriously” the global influence of the Bank’s Trump policy.

Traders expect to cut a quarter point in the next month’s meeting of the next month Monetary policy committeeIn early May, according to the levels expressed by swaps markets, the other two or three by the end of the year.

Trump Office, on April 29, revealed many events for 490 days, in the shareholders, US government debts and other dollar assets after the US government debt and the presidential announcement.

If the markets operated in the last few weeks, Bailey, Bailey, the Bank said that the bank’s treasures are closely focused on the impossible to open a position of certain institutions in the market.

Taking into account the market volatility on Tuesday, taking into account the volatility of the market, it is a way to make the quantitative facilitation of the Central Bank, interest rates lower bounds or discipline to dysfunctional markets.

In the past, Boe launched a large bond purchase program to “use a sledgehammer” than a crisis from a crisis from a crisis. However, Boe’nın Boe’nin Boe’s market market showed that the British Premier Liz Truss ‘mini’ budget will be more accurate and surgical effective.

A brief delay of the planned bond sales planned in the fall of 2022 permitted Boe’s “tumor” and allowed to restore market activities. In the future, “If we behave like a skalpel or as a sledgehammer, we will be able to become a very important question,” he said.

An additional report by Ian Smith and Valentina Romei in London