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Author name: The Independent

The Bank of England is expected to keep interest rates on hold as it weighs the impact of Iran war

date Apr 30, 2026

the bank of England is keeping interest rates on hold as policymakers assess the economic impact of the Iran war and Tehran's effective closure of the Strait of Hormuz. the nine-member panel may hint interest rates could increase in the months to come if the conflict puts more upward pressure on U. K. inflation.

Source: independent.co.uk

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