Will BoE slow down pace of interest rate cuts? Yahoo Finance readers have their say [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
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Source: Yahoo! Finance
The central bank decided to hold the base rate at 4.5%, which is its lowest level in 20 months, after having reduced it last month in the third cut of this current cycle. The BoE said in a statement announcing its latest decision that since the last monetary policy committee meeting "global trade policy uncertainty has intensified, and the United States has made a range of tariff announcements, to which some governments have responded. "Other geopolitical uncertainties have also increased and indicators of financial market volatility have risen globally. The German government has announced plans for significant reform to its fiscal rules." US president Donald Trump's volleying of trade tariffs has led to heightened volatility in stock markets, with investors concerned that the duties could stoke inflation, creating a further drag on the economy. Meanwhile, government bonds sold-off globally recently , following an announcement from the incoming German government of plans to r
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