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BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise
Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices
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theguardian.com
Interest rates are not the tool to solve the inflation caused by the US’s war with Iran | Josh Ryan-Collins
We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, an…
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cnbc.com
Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation
The Bank of Japan kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war.
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Bank of England holds interest rates at 3.75% as Iran war prompts inflation fears
Decision comes as concerns mount over economic fallout from conflict bringing fresh cost of living shock
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ansa.it
La Banca d'Inghilterra lascia i tassi invariati al 3,75%, pesa la guerra - Ultima ora - Ansa.it
Tassi d'interesse invariati al 3,75% nel Regno Unito, secondo le attese. (ANSA)
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independent.co.uk
Bank of England presses pause on interest rates as Iran worries grow
City still thinks borrowing costs will fall – but not until later this year
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BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise
Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices