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الاقتصادية
Bank of England likely to keep rates steady
It is expected that the Bank of England will keep the main interest rate at 3.75% at the June 18 meeting, despite diminishing prospects of a rate hike, amid a state of uncertainty regarding the monetary policy path. A Reuters poll indicates that 60% of economists anticipate no change in the rate until the end of 2026, while around 40% expect at least one increase, and a rate cut remains limited. This comes amid ongoing inflationary pressures, rising energy prices, and the impacts of the Iranian conflict, which have led to the UK economy contracting for the first time since August 2025.
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