The Bank of England kept rates unchanged at 3.75%, choosing a wait-and-see approach as uncertainty around inflation and growth increases. War in the Middle East and higher energy prices have worsened the inflation outlook, raising the risk that inflation could stay elevated for longer than previously expected. The UK economy remains weak, which leaves the […]
The post Bank of England Leaves Interest Rates Unchanged as War and Rising Energy Prices Complicate Inflation Fight appeared first on ActionForex.
