In a move aimed at cushioning the U.K. economy from the fallout of escalating global trade tensions, the Bank of England (BoE) lowered its benchmark interest rate by 25 basis points to 4.25% on Thursday. The decision comes amid growing uncertainty over the potential economic impact of steep tariffs imposed by U.S. President Donald Trump, which threaten to disrupt trade flows and suppress business sentiment globally.

With the UK experiencing a quieter newsflow due to the bank holiday, the spotlight turns to the upcoming decision by the Bank of England (BoE) this Thursday. Investors and analysts alike are closely watching for any changes to the central bank’s policy stance, particularly its response to ongoing global economic challenges. The Bank of England is expected to lower its key interest rate by another 25 basis points to 4.25%, but what comes with this decision could set the tone for future market expectations.