Bank of England, Iran
Digest more
Bank of England holds interest rates but hints at possible hikes - The Bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC).
The Bank of England has kept interest rates at 3.75%. A cut in rates was expected but the Monetary Policy Committee (MPC) decided to hold rates due to the
It comes after the BOE announced it would hold interest rates at 3.75% amid fears the US-Israel war on Iran could see inflation rise
LONDON, March 19 (Reuters) - Financial markets are getting ahead of themselves in expecting interest rate rises from the Bank of England, Governor Andrew Bailey said on Thursday, after rate hike expectations rose sharply following the central bank's decision to hold rates.
4hon MSN
Andrew Bailey warns of higher interest rates to combat inflation with hike in April on the cards
The Bank of England has warned it may have to put up interest rates as it sounded the alarm over Donald Trump's Middle East war driving up inflation and unemployment.