U.K. Inflation Could Ease Due to Trump's Tariffs, BOE's Greene Says -- Market Talk
Dow Jones
Apr 22, 2025
0949 GMT - President Trump's tariffs will have an unclear effect on price inflation in the U.K. but are more likely to prove disinflationary, Bank of England policymaker Megan Greene says. "There are risks on both sides," Greene tells Bloomberg TV. But those risks lean more toward taking inflation lower, she says. If U.S. tariffs on U.K. exports are lower than on goods from the European Union, that effect is likely to be disinflationary as lower-cost imports enter the country in greater number, she says. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
April 22, 2025 05:49 ET (09:49 GMT)
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