27-April-2026
Economy News
 
Bank of England to Keep Rates on Hold While It Gauges Impact of Iran War
27-Apr-2026

The Bank of England will keep interest rates on hold this week and try to look ahead to the damage building up for Britain's economy from the Iran war, while investors will be watching for any signs it is moving towards raising rates. The BoE kept borrowing costs on hold in March as it waited to see the extent of the inflationary and growth hits from the conflict. With uncertainty still high, another no-change decision is expected on Thursday.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-27/bank-of-england-to-keep-rates-on-hold-while-it-gauges-impact-of-iran-war