The Bank of England has announced a cut in its main interest rate to 4.25%, a decision driven by concerns over the impact of US tariffs on economic growth. This quarter-point reduction marks a strategic move to support homeowners and the broader economy amidst ongoing trade tensions. Despite the rate cut, uncertainty remains prevalent, as the governor of the Bank of England acknowledges the potential for continued economic challenges. Market reactions have been mixed, with the pound strengthening against other currencies after the announcement. Analysts speculate on the future course of monetary policy, with some traders scaling back expectations for further cuts this year while others foresee more adjustments to come as global trade dynamics evolve.