1225 GMT - The U.K.'s treasury chief says she met Bank of England Gov. Andrew Bailey earlier Tuesday, confirming markets are working effectively despite the recent turmoil prompted by U.S. tariffs. "This morning, I spoke to the governor of the Bank of England, who has confirmed that markets are functioning effectively and that our banking system is resilient," Rachel Reeves says to lawmakers. The impact of tariffs has been reflected in the reaction on global markets in recent days, which financial authorities have been monitoring closely, she adds. U.K. bank shares are up in Tuesday trading, after falling sharply since President Trump's tariff announcement. (edward.frankl@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 08:25 ET (12:25 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。