Increased trade barriers could have a negative impact on global economic growth, according to a warning issued by the Bank of England.

The central bank officials expressed concern that such measures could increase uncertainty surrounding inflation rates, potentially leading to greater volatility in financial markets.

This cautionary statement comes at a time when trade policies and their effects on the economy are being actively discussed.

The remarks from the central bank highlight the importance of carefully considering policy decisions that could disrupt market dynamics, underscoring the interconnectedness of global trade and financial stability.