20-March-2026
Economy News
 
Bank of England to Sit Tight as Middle East Conflict Turns up Inflation Heat
19-Mar-2026

The Bank of England on Thursday looks set to delay an interest rate cut that seemed a sure bet before the war in the Middle East, and it will probably sound vague about its next steps while it waits to see the extent of the inflationary shock. The BoE has cut borrowing costs more slowly than the European Central Bank since 2024 because of its worries about Britain's stubbornly stronger price pressures.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-18/bank-of-england-to-sit-tight-as-middle-east-conflict-turns-up-inflation-heat
 
 
 

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