BoE's Greene: No idea what US tariffs will look like later - Breaking The News

BoE's Greene: No idea what US tariffs will look like later

25 April

1 min read

EPA-EFE/NEIL HALL

Bank of England's Monetary Policy Committee member Megan Greene stated on Friday that central bank officials have "no idea" what US tariffs will look like "when the dust settles."

"We are not sure if weakness in the UK economy is caused by demand or supply ... We are more worried about supply and really weak productivity growth," she added. "We should see some trade diversion coming from China."

The official also mentioned worries regarding the effects of governmental budget modifications and suggested that European Union fiscal policies could potentially "be a tailwind" for the UK.

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