BoE warns Iran war threatens global financial stability
The BoE reports the Iran war has increased risks to debt markets and tech valuations. Rising energy costs and mortgage rates will impact household finances.
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The Bank of England has cautioned that the ongoing conflict involving Iran has delivered a substantial negative supply shock to the global economy. This development increases the likelihood that existing threats to financial stability will materialize, potentially affecting government debt markets, private credit, and the valuations of major technology firms.
