Latest News for: cut bank

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The fallout from Trump’s tariffs: is there a masterplan, are we heading for recession and what does it mean for UK?

The Observer 06 Apr 2025
The European Central Bank has said it will carry on cutting interest rates as already planned. Only a few weeks ago the Bank of England was expected to cut rates just one more time this year.
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British house prices stagnated in March, Nationwide says

CyprusMail 06 Apr 2025
Bank of England data on Monday showed mortgage approvals ... It cited a low unemployment rate, rising real household earnings, and the possibility that the Bank of England will cut interest rates again.
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Severe Weather

Dispatch Argus 06 Apr 2025
Pendleton County personnel use a boat to cross Max Goldberg Park after cutting power from a utility pole Saturday as the rising Licking River overflows its banks in Falmouth, Ky ... .
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Why is Trump Using Tariffs? The Truth That Has Misled the World on Tariffs

Armstrong Economics 06 Apr 2025
It was the wholesale default of Sovereign Debt sold by investment banks to the average American public in small denominations. This wiped out people’s savings and resulted in the wholesale default of thousands of American banks, not tariffs.
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Rachel Reeves must break her fiscal rules. Better now than later

The Observer 06 Apr 2025
On the plus side, a slowdown in the world economy means the Bank of England will want to cut interest rates at a faster pace – or at least it ought to ... Cuts to police numbers could be avoided and ...
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Trump’s trade war will unleash a wave of interest rate cuts

The Daily Telegraph 05 Apr 2025
I expect the Bank of England to cut Bank Rate slightly more quickly as real economic activity weakens.” ... The day before Trump announced his tariff plans, markets anticipated two more rate cuts from the Bank of England this year.
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'Crisis on the verge of catastrophe': food assistance cuts are trouble for greater Grand Forks ...

Grand Forks Herald 05 Apr 2025
In addition to the TEFAP cuts, Great Plains has also been affected by USDA's decision to ax the Local Food Purchase Assistance program, which allowed the food bank to purchase food from local farmers, growers and ranchers.
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Food Pantries Will Struggle as Federal Aid Disappears

Flathead Beacon 05 Apr 2025
The North Valley Food Bank, like many others, was founded in the late 1970s in response to cuts to federal food assistance under the Reagan administration ... At North Valley Food Bank, the cuts of CCC ...
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Fed will be unwise to listen to the market at this stage – Central Bank’s ...

Cryptopolitan 05 Apr 2025
“I think that’s a market in wishful thinking, hoping the Fed bails them out.” No cuts should be in sight, says Ferguson. The Former Fed Vice chair advised against interest cuts because inflation is still way above the central bank’s 2% target.
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Area lenders project stability in Boulder Valley, northern Colorado

Daily Camera 05 Apr 2025
Despite tariff concerns and uncertainty around deep cuts to the federal government, commercial banks in the Boulder Valley and northern Colorado continue to be stable ... “I’m not sure how that will trickle down and affect participant banks.
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Stock market craters

The Hill 05 Apr 2025
Trump urges Fed to cut rates as tariffs cause stock plunge. President Trump urged the Federal Reserve on Friday to cut interest rates and ripped the head of the independent central bank as new tariffs caused stocks to plunge.
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Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay

News-Press Now 05 Apr 2025
Shortly before Powell’s speech, Trump in a post on his social media platform called on the Fed to lower borrowing costs, accusing the central bank’s leader of playing politics ... But the central bank is uncomfortably on hold.
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Guest Commentary | Second Harvest Food Bank Santa Cruz County: Congress must protect food programs

Santa Cruz Sentinel 05 Apr 2025
As Congress moves forward with the budget reconciliation process, it is critical that these programs are protected and strengthened, not cut. At Second Harvest Food Bank Santa Cruz County, we see firsthand how these programs support our community.
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Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to ...

New York Post 05 Apr 2025
Federal Reserve Chair Jerome Powell on Friday rebuffed President Trump’s call for the central bank to immediately cut interest rates — warning that the administration’s sweeping new ...
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The Weekend: When Trump hit reset on global trade, sending markets into a tailspin

AOL 05 Apr 2025
Will Trump's tariffs change Bank of England's interest rate plan?. The central bank faces a delicate decision – continue cutting interest rates, or pause and wait for more clarity on how the impact of the tariffs will play out.
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