Global Economic Shifts: Fed Holds Steady, Bank of England Poised for Rate Cut, and U.S.-China Trade Talks
MP3•Episode home
Manage episode 481308190 series 3550974
Content provided by Simply News from Qurrent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply News from Qurrent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In today's episode, we delve into the Federal Reserve's decision to maintain interest rates amidst economic uncertainty, the Bank of England's anticipated rate cut in response to global trade disruptions, and the high-stakes U.S.-China trade talks in Switzerland. Join us as we explore the implications of these developments on consumers, businesses, and the global economy.
Sources:
https://www.cbsnews.com/news/trump-fed-rate-cut-jerome-powell-may-7-fomc-meeting/
https://www.bankrate.com/banking/federal-reserve/fed-meeting-live-updates-may-7-2025-interest-rate-decision/
https://www.federalreserve.gov/monetarypolicy/files/monetary20250507a1.pdf
https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a.htm
https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-may-2025
https://www.independent.co.uk/news/uk/home-news/interest-rate-uk-bank-england-mortgages-inflation-b2746642.html
https://moneyweek.com/economy/live/uk-interest-rates-may-bank-of-england-meeting
https://timesofindia.indiatimes.com/business/international-business/bank-of-england-may-cut-interest-rates-by-0-25-amid-tariff-tensions/articleshow/120981811.cms
https://www.oecd.org/content/dam/oecd/en/data/insights/statistical-releases/2025/5/consumer-prices-oecd-05-2025.pdf
https://www.fxstreet.com/news/boe-expected-to-cut-interest-rate-to-425-despite-inflation-remaining-above-objective-202505080600
https://www.oecd.org/en/data/insights/statistical-releases/2025/05/consumer-prices-oecd-updated-7-may-2025.html
https://commonslibrary.parliament.uk/research-briefings/sn02794/
https://tradingeconomics.com/euro-area/inflation-cpi
https://www.semafor.com/article/05/07/2025/us-china-trade-talks-to-be-held-in-switzerland-as-trade-war-intensifies
https://www.youtube.com/watch?v=8KGM04i07lw
…
continue reading
Sources:
https://www.cbsnews.com/news/trump-fed-rate-cut-jerome-powell-may-7-fomc-meeting/
https://www.bankrate.com/banking/federal-reserve/fed-meeting-live-updates-may-7-2025-interest-rate-decision/
https://www.federalreserve.gov/monetarypolicy/files/monetary20250507a1.pdf
https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a.htm
https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-may-2025
https://www.independent.co.uk/news/uk/home-news/interest-rate-uk-bank-england-mortgages-inflation-b2746642.html
https://moneyweek.com/economy/live/uk-interest-rates-may-bank-of-england-meeting
https://timesofindia.indiatimes.com/business/international-business/bank-of-england-may-cut-interest-rates-by-0-25-amid-tariff-tensions/articleshow/120981811.cms
https://www.oecd.org/content/dam/oecd/en/data/insights/statistical-releases/2025/5/consumer-prices-oecd-05-2025.pdf
https://www.fxstreet.com/news/boe-expected-to-cut-interest-rate-to-425-despite-inflation-remaining-above-objective-202505080600
https://www.oecd.org/en/data/insights/statistical-releases/2025/05/consumer-prices-oecd-updated-7-may-2025.html
https://commonslibrary.parliament.uk/research-briefings/sn02794/
https://tradingeconomics.com/euro-area/inflation-cpi
https://www.semafor.com/article/05/07/2025/us-china-trade-talks-to-be-held-in-switzerland-as-trade-war-intensifies
https://www.youtube.com/watch?v=8KGM04i07lw
100 episodes