Taylor Swift's London Eras Tour could delay Bank of England rate cut, analysts say

Breaking News: Economy News

Taylor Swift's London Eras Tour could delay Bank of England rate cut, analysts say
Interest RatesEntertainmentCentral Banking
  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 72%

Taylor Swift's record-shattering Eras Tour is continuing to supercharge local economies during its U.K. leg, potentially impacting future interest rates.

Taylor Swift 's record-shattering Eras Tour is continuing to supercharge local economies as it enters its U.K. leg.

Taylor Swift performs on stage during during "Taylor Swift | The Eras Tour" at Anfield on June 13, 2024 in Liverpool, England.LONDON — Taylor Swift's record-shattering Eras Tour is continuing to supercharge consumer spending as it enters it U.K. leg, suggesting that the Bank of England may not be out of the woods yet in its fight against inflation.

The Bank of England is expected to soon begin lowering its Bank Rate from a 16-year high of 5.25%, with all but two of 65However, a possible clash between one of Swift's August tour dates and a key inflation index day could skew the data enough to make the bank rethink its path, the analysts said. The economic impact of Swift's sell-out tour has been well-documented, with terms such as "Swiftflation" and "Swiftonomics" emerging to refer to the spike in spending on services

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Interest Rates Entertainment Central Banking Inflation Economy Taylor Swift Prices London Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ryan Reynolds Address Those Taylor Swift MCU RumorsRyan Reynolds Address Those Taylor Swift MCU RumorsTaylor Swift in Taylor Swift: The Eras Tour
Read more »

Liverpool to Transform Into ‘Taylor Town’ Ahead of Taylor Swift’s Eras Tour ShowsLiverpool to Transform Into ‘Taylor Town’ Ahead of Taylor Swift’s Eras Tour ShowsTaylor Swift's upcoming Eras Tour shows have inspired the city of Liverpool to temporarily become 'Taylor Town.' Get the details.
Read more »

Taylor Swift says 'most wonderful' Eras Tour will end in DecemberTaylor Swift says 'most wonderful' Eras Tour will end in DecemberIn an emotional speech during the 100th show of her record-breaking tour on Thursday night, the megastar confirmed that her current musical voyage would come to an end this year.
Read more »

Taylor Swift says Eras Tour will end in DecemberTaylor Swift says Eras Tour will end in DecemberTaylor Swift's long-running and history-making Eras Tour is coming to an end at the end of the year.
Read more »

Taylor Swift says 'most wonderful' Eras Tour will end in DecemberTaylor Swift says 'most wonderful' Eras Tour will end in DecemberIn an emotional speech during the 100th show of her record-breaking tour on Thursday night, the megastar confirmed that her current musical voyage would come to an end this year.
Read more »

Taylor Swift admits Eras Tour has ‘become my entire life’ as she announces its endTaylor Swift admits Eras Tour has ‘become my entire life’ as she announces its endTaylor Swift celebrated her 100th Eras Tour show by talking about her final performance at the end of this year. The singer admitted her current international tour has 'become my entire life.'
Read more »



Render Time: 2025-02-24 02:16:52