BANK OF ENGLAND WARNS TRUMP’S TARIFFS COULD TRIGGER SEVERE ECONOMIC SHOCKS
Thu 10 April 2025: The Bank of England on Wednesday issued a warning about the global economic outlook, citing the escalating risks posed by US President Donald Trump‘s sweeping tariff policies. The Bank’s Financial Policy Committee (FPC) expressed concern that these trade tensions are increasing the likelihood of “severe shocks” to the financial system, putting global gro wth at risk. […]
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