
Banks in the line of fire: Bailey can provide reassurance for the sector with an early interest rate cut, says ALEX ...
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:09 EDT, 8 April 2025 The $10 trillion wipeout of global share prices as a consequence of Donald Trump’s beggar-thy-neighbour trade war represents an enormous shock to financial stability. In a world of hedge …