Loading…
The Bank of England cut rates by 25 basis points to 4.25% on May 8 in a 5-4 vote, with two members favouring a larger cut and two preferring to hold. The bank said US tariffs would weigh on UK growth and push down on inflation.
Tariff-driven growth concerns and a divided central bank support a softer rate path that moves sterling and yields, which marginally affects UK imported feed costs.
reuters.comMay 8, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
