Exactly. But for the UK to grow at that rate, the Bank of England must begin a cycle of interest rate cuts, which would weaken the pound and, consequently, trigger selling pressure. However, if inflation fails to fall close to the 2% target, ...

UK GDP Is Expected to Grow 1.4% This Year Despite Weaker Employment

That's right, they'll most likely keep interest rates at 375-350. As Powell said at the FOMC, interest rates are close to neutral.

Fed's Williams Says Monetary Policy Well Positioned Amid a Favorable Outlook

The TGA has more than enough capacity to cover any tariff reimbursement. This is not only because QT has increased its reserves, but also because it manages $3 billion.

Bessent: Treasury has cash to cover any tariff refunds

There's no reason why, according to Powell, interest rates will only rise if the economic indicators suggest it. However, Wall Street is hoping for a rate cut so they can raise rates.

The Fed will be forced into deep rate cuts in 2026 - boosting gold and breaking the dollar