Bank of England: Tariff Agreement Has Limited Impact on Economic Growth, Raises Economic Forecast for This Year
According to a report by Jinse Finance, the Bank of England stated that although the UK has reached a relatively favorable tariff agreement with the United States, this will have little impact on economic growth, as the service sector accounts for the majority of economic activity. The Bank of England expects that the negative impact of tariffs on global economic growth will affect the UK economy the most. However, it has raised its growth forecast for this year from 1% in May to 1.25%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A whale withdraws 274.22 BTC worth approximately $32 million from an exchange after a month of dormancy
James Wynn: A Lesson in Losing Control Due to Excessive Leverage and User Attention
Solana’s Market Cap Surpasses $100 Billion Again

Trending news
MoreCrypto prices
More








