The Bank of England has kept interest rates unchanged since late 2025. This decision comes as energy prices have increased due to ongoing conflicts in the Middle East. British officials have indicated that inflation is expected to persist despite a recent agreement between the U.S. and Iran.
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Bank of England Maintains Interest Rates Amid Rising Energy Prices
The Bank of England has maintained its interest rates since late 2025, citing rising energy prices linked to conflicts in the Middle East. British officials have warned that inflation is likely to continue despite a U.S.-Iran agreement.
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