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Bank of England's Andrew Bailey warns against early rate cuts as Iran war drives energy costs higher
Bank of England Governor Andrew Bailey held rates at 3.75% as the Iran war pushes energy costs higher, delaying the path to the 2% inflation target.
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Bailey says energy prices stable post-Iran war, UK economy impact still being assessed
Bank of England Governor Andrew Bailey says energy prices have stabilized after the Iran war, with rates held at 3.75% as the UK assesses economic impact.
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Bank of England's Bailey sees no rush to act on interest rates
Bank of England Governor Andrew Bailey signals no urgency on rate changes as the MPC holds at 3.75% and inflation overshoots remain on the table.
