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Tariffs reduced for 90 days
Committed to the 2% target
BoE cut interest to 4.25%
Larger rate cut deemed unlikely
'Markets are anti-fragile'
Unemployment at 4.2%
Fresh food inflation also up to 1.8%
Andrew Bailey warns of tariff impact
As Trump tariffs threaten free trade
Reeves to meet with Bessent on Friday
12 May 2025
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2 min read
