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Economics2h 21m ago
The Bank of England governor stated that an interest rate cut is no longer a possibility.
Portugal
Who
Andrew Bailey
What
The Bank of England governor stated that an interest rate cut is no longer a possibility.
When
Thu, 02 Jul 2026 06:53:16 GMT · 2h 21m ago
Where
Portugal ·
Why
Inflationary pressures resulting from the war in the Middle East have altered the forecast for monetary policy.
The Frontline Impact
How this affects you
The statement indicates a shift in the Bank of England's monetary policy stance, suggesting a prolonged period of higher interest rates or a continued focus on inflation control.
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1 event in this threadNo related history yet - this is the origin event.
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