The Bank of England’s Monetary Affairs Committee (BOE) decided on Thursday to reduce the basic borrowing rate to 4.25% from 4.5%, as Donald Trump’s World War is burdened by British development in a decision that divided the US officials. Exports.

The decision was made by five votes in favor of a reduction of 0.25%, against two votes in favor of a reduction in 4% and two who wished to maintain the interest rate unchanged.

This is the fourth reduction from last August and comes just before the Expected announcement of a trade agreement between the US and the United Kingdom.

Despite the prospect of an agreement, Boe has made it clear that the main threat to the United Kingdom comes from the global impact of US duties on the British economy. BOE has said that the blow to the activity due to the highest cost and greater uncertainty would reduce UK production by 0.3 percentage points over a three -year period and reduce inflation by 0.2 percentage points over two years.

Since Boe’s latest decision in March, Trump has imposed a 10% world -class world duties, 25% duties on cars, steel and aluminum and has essentially imposed a 145% duty on Chinese products. Beijing counterattacked with its own duties of 125%. Boe assumed that these policies remain in force.

“Inflationary pressures continued to relax and so we were able to reduce interest rates again today,” said Commander Andrew Bailey. “The last few weeks have shown how unpredictable the global economy can be. That is why we must insist on a gradual and careful approach. “

The decision showed a more “hawk” approach than expected. Immediately afterwards, the pound noted rally, marking a high meeting against the euro.

Finance Minister Rachel Reeves described the decision as a “welcome news”. “Reduction of the interest rate will make businesses cheaper, reduce the cost of new mortgages, make a more affordable home, funding a more economical car, and relieve those who pay personal loans,” he added.

It is noted that US Federal Bank (Fed) kept yesterday unchanged interest ratesciting risks of higher inflation and unemployment.