UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions
Thursday, 19 June 2025 () The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict's impact. This conflict could involve the United States, potentially increasing oil prices. UK inflation remains high, exceeding the 2% target. Rising oil prices may further strain consumer finances. Global trade tensions, particularly involving potential US tariffs, add to economic uncertainty.
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision. Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly...
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
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Credit: euronews (in English) Duration: 02:00Published
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Asian markets presented a mixed performance as geopolitical tensions in the Middle East and uncertainty surrounding potential US military action against Iran... IndiaTimes