With growth slowing, business confidence cracking, and the global economy facing renewed threats from President Donald Trump's erratic trade policies, the Bank's caution risks becoming part of the problem.
Given widespread speculation over the scale and scope of US tariff rises during the survey period, it is unsurprising that CFOs reported elevated levels of uncertainty. Previous periods of uncertainty over future terms of trade have resulted in a prolonged squeeze on investment.
Bitcoin's current volatility, trapped between risks and opportunities, reflects tight price movements amidst economic pressures and geopolitical uncertainties.
The decline in WTI reflects how energy markets respond to expectations of changes in geopolitical risks. Investors, sensitive to any potential disruption in crude oil supply security, quickly react to news suggesting a de-escalation of international tensions.
Gold prices have remained strong following yesterday's rally to record highs, amid increasing expectations for more monetary easing and declining consumer confidence in the U.S.