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flag UK rate cuts uncertain as trade wars and economic unpredictability concern Bank of England.

flag UK interest rate cuts are now more uncertain due to global economic unpredictability and the US-China trade war. flag Bank of England Governor, Andrew Bailey, highlighted genuine concerns about escalating trade tensions and their impact on the UK economy. flag While the UK-US trade agreement is seen as positive, it leaves tariffs higher than before. flag Bailey emphasized the need for the UK to rebuild trade with the EU, its largest trading partner, post-Brexit.

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