Learn more

Taylor Swift’s record-shattering Eras Tour is supercharging consumer spending as it enters its U.K. leg, suggesting that the Bank of England (BoE) may face new challenges in its fight against inflation. As hundreds of thousands of dedicated Swifties flock to London in August to see the singing sensation during her final U.K. dates, the economic boost could be significant enough to defer a possible September interest rate cut, according to investment bank TD Securities. Bank of England’s dilemma: To cut or not to cut?The BoE is expected to soon begin lowering its bank rate from a 16-year high o…

cuu