Bank of England keeps rates steady but flags lingering inflation risks from IranExecutive summary: The Bank of England left its policy rate unchanged at 3.75% following the Federal Reserve's decision to hold the Fed funds rate steady. The decision signals that inflationary pressures are seen as persistent, especially those linked to geopolitical developments in Iran, influencing expectations for future monetary tightening or easing. Bank of England officials and the Federal Reserve, with reference to Iran's potential impact on inflation. Markets will monitor upcoming UK inflation data and any further Fed guidance for signals of future rate moves.The Bank of England left its official interest rate unchanged at 3.75% after the Federal Reserve held the Fed funds rate steady. The BoE indicated that inflationary pressures, notably those tied to geopolitical developments in Iran, remain a concern. This stance reflects a cautious approach to monetary policy amid uncertain global inflation dynamics.Connected developmentsUS‑Iran peace framework and Strait of Hormuz trafficRate hikes underway in G10 economiesEl Banco de España mantiene en el 2,3% el avance del PIB pero prevé una escalada de la inflaciónEl Banco de España destaca el dinamismo de la economía pero eleva el déficit de vivienda a 750.000 casasEl instituto Ifo mejora las previsiones económicas para Alemania tras el fin de la guerra en IránLas claves: ¿Quién pondrá los 300.000 millones para la reconstrucción de Irán?Open the full case file on Beyond →
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