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Bank of England Holds Interest Rates; Iran Conflict Drives Inflationstock-ai.com / Wikimedia (CC BY-SA 4.0)
finance5 days agoDeveloping

Bank of England Holds Interest Rates; Iran Conflict Drives Inflation

The Bank of England maintained interest rates at 3.75% due to inflationary pressures from the ongoing war in Iran, signaling potential future increases. Iran's supreme leader vowed to safeguard the country's nuclear and missile programs amid U.S. efforts to limit them.

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