Bank of England holds interest rates amid Iran war concerns

Mar 19, 2026, 12:02 PM90

(Update: Mar 23, 2026, 1:24 PM)

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country in Western Asia

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Bank of England holds interest rates amid Iran war concerns

The Bank of England held the main interest rate unchanged at 3.75% due to rising inflation concerns stemming from the Iran war.
The ongoing conflict has affected global oil prices, leading to increased domestic energy costs.
The Bank's decision reflects a cautious approach as analysts anticipate potential economic shocks from the conflict.

Iran

country in Western Asia

Bank of England

central bank of the United Kingdom

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