Tom Rees

Tom Rees, a UK economy reporter at Bloomberg, dives deep into the implications of U.S. tariffs on the U.K. economy. He highlights insights from Megan Greene of the Bank of England, suggesting that these tariffs may actually create disinflationary risks in the U.K. rather than driving up prices. They discuss trade diversion, the potential for aggressive rate cuts, and the complexities of navigating U.K. monetary policy amidst global economic uncertainties. Rees emphasizes the need for the Bank of England to adapt to ever-changing market conditions.