BOE Plays 'Simon Says' While Trade Deals Get Cozy
Key Points
- The Bank of England cut interest rates by 25 basis points, b...
Money talks, but lately it's been speaking in British and American accents while giving China the side-eye. The financial world just got treated to a spectacle of monetary policy shuffling and trade agreement juggling that would make a circus ringmaster proud.
Tea, Crumpets, and Rate Cuts
The Bank of England, apparently feeling a bit chilly, decided to warm things up by slashing interest rates by 25 basis points on May 8. Prime Minister Starmer and former President Trump, meanwhile, cozied up with a trade deal that has Boeing jumping for joy and Rolls-Royce drivers potentially saving enoug...
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