# Sterling rises even as BoE cuts rates, Britain poised for US trade deal

> The Bank of England cut its main rate by a quarter point to 4.25% on May 8, while the pound rose as Britain was set to strike a trade deal with the United States. The cut was widely expected despite a split among policymakers.

- Date: 2025-05-08 · published 2025-05-08T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/24932-sterling-rises-even-as-boe-cuts-rates-britain-poised-for-us-trade-deal
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Lower UK rates and a trade deal shift currency and borrowing conditions that affect UK feed and livestock costs, with limited direct effect on grain prices.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-rises-even-boe-cuts-rates-britain-poised-us-trade-deal-2025-05-08/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
