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الاقتصادية
Source: الاقتصادية
4 Hrsالاقتصادية
Source: الاقتصادية
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Economists expect the Bank of England to raise interest rates from 3.75% to 4%, by a 7–2 vote—the first increase since August 2023. The move comes as energy prices rise because of the US-Iran war and inflation reached 3.5% in September, above the Bank’s 2% target. A resilient economy may also make it easier for companies to pass costs on to consumers. The Bank is divided over when to tighten policy, and its decision remains a balancing act between curbing inflation and avoiding a slowdown in growth, amid uncertainty over whether energy pressures will persist and feed through to core inflation.
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