Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy
Read full article: Bank of England joins other central banks in freezing rate cuts as Iran war upends global economyThe Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehranโs effective closure of the Strait of Hormuz, through which a fifth of the worldโs crude passes.

:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/6QSXL2PA3ZFA3LEH3MGTGPB55M.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/TQDQXBFQSNB6XNOATWM26L3XFM.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/LII2XL5VIRFKTHBDCR6VIUPZ2A.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/QHELGLJWCBD5DC2OH7YX6ZTMO4.jpg)
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/SWN2NNOVABCWVBFD6R3OBR4XPM.jpg)