London: Bank of England is expected to see the pressure of close inflation in the British economy widely and the Trump administration’s tariffs choose to cut interest rates on Thursday as a result of the possible shock of development from the tariff policies of the Trump administration. Most economists believe that it is a certainty that the nine-member monetary policy committee will bring a quarter-point reduction in the bank’s main interest rate to 4.25%. The announcement of the decision is to be announced at 12:02 pm, two minutes after normal as a result of a two -minute silence to win in Europe’s day. There are some speculations that some members may opt for a large half-point cut. Economists are particularly interested in the bank’s economic forecasts as they will be the first when US President Donald Trump announced his tariff in early April. Although most tariffs were prevented for 90 days after the upheaval of the upcoming market, including 10% baseline tariffs applied to UK goods entering the United States, the background for the global economy is highly uncertain. “The US trade policy is set to adopt a more active approach to loosen the MPC policy, with UK economist Edward Elenbi, UK economist Economics Economics Economics Economics Economics Economics Economics Ellenbi. The forecast, especially in relation to development and inflation, will provide a steer whether there is a more active approach. Since it began cuts in interest rates from 16 years of high 5.25%in August 2024, MPC has been consistent in reducing the cost of borrowing every three months. Applying American tariffs on British goods, and a broad global trade war ability, development as well as weighing on oil prices, which will reduce the price pressure by reducing the resulting demand. Although the UK inflation is 2.6% and can double the target rate of the bank by 2% in the coming months, such as domestic energy and water bills, such as economists, economists feel that rate-to-sectors will choose a cut, in view of the anticipated recession. Unlike Bank of England, and European Central Bank, which also cut interest rates last month, the US Federal Reserve maintained unchanged rates on Wednesday as its policy makers wait to see how Trump’s tariffs affect the US economy before any step. The rate of inflation worldwide is below the levels seen a few years ago, partly because central banks have increased the cost of dramatically borrowing from zero rates near the nearly zero rates during the Koronwirus epidemics. Prices began shooting then, resulting in the first supply chain issues and later due to Russia’s full -scale invasion of Ukraine, which pushed the energy cost more. Since inflation rates have declined by multidekad high, central banks, including Fed, have started cutting interest rates, although something, if any, if any, any, economists feel that the rates will return to super-loans after the global financial crisis of 2008-2009 and during the epidemics.
