How an OpenAI safety test became a real-world cyberattack on the Hugging Face platform 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
‘Vibe coding’ is fun and easy, but there’s a major catch 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Gold Slips Below $4050 as Bond Yields Surge to 4.7% on Fed Inflation Concerns – Sell Rallies at $4060 Targeting $3940 
Ukraine’s drone strikes are having an impact on Russia — but Russian leaders remain committed to war 
The Bank of England (BoE) is predicted to cut interest rates by 0.25% at its Monetary Policy Committee (MPC) meeting. This would be the fourth successive rate cut since August 2024, decreasing the key rate to 4.25%. This is influenced by concerns of international trade dangers, easing inflation, and necessity to stimulate economic growth. The news will be revealed at 12:02 BST, following a two-minute silence to remember VE Day.
Rate easing is mainly an outcome of recent tariffs by US President Donald Trump, which added to the pressure about global expansion. The British inflation of March at 2.6% is close to the BoE's 2% target, allowing policymakers with more room for cutting rates. The BoE aims to remove these concerns and create economic development by lowering business and individuals' cost of borrowing.
Going forward, markets anticipate further rate cuts by the BoE, some of which even predict the rate to fall as low as 3.5% by 2025-end. The BoE will continue to be on its guard, watching closely economic developments and fine-tuning policy in response. The MPC choice will be accompanied by updated economic projections and a press conference from Governor Andrew Bailey
