The Guardian theguardian.com 2026-06-18 11:00

Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy

Two MPC members vote for a quarter-point rise but Bank argues rapid reaction risks creating volatilityBusiness live – latest updatesThe Bank of England has left interest rates on hold, arguing that reacting too quickly to inflation threats risks creating “undesirable volatility”,

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