Bank of England to hold rates as Iran war impacts growth
Policymakers are likely to maintain borrowing costs this Thursday while assessing inflationary risks. Markets anticipate potential rate hikes later this year.
Xurve View
Insights:
Xurve View
The central bank of the United Kingdom is expected to maintain current interest rates this week as policymakers evaluate the economic fallout from the ongoing conflict in Iran. While the Bank of England (BoE) held borrowing costs steady in March, investors are closely monitoring for signals of a potential hawkish shift later this year.
