Bank of England holds rates as energy shock risk persists
By The BriefBrief
The Bank of England kept borrowing costs unchanged, while signaling it could raise them if inflation stays elevated.
WHO:Bank of England (Monetary Policy Committee)
WHAT:Held interest rates and signaled it could still lift borrowing costs if inflation becomes more persistent due to the energy shock linked to Middle East war hostilities
WHEN:Jul 30, 2026 at 5:06 AM ET
WHERE:United Kingdom
WHY:To the energy shock linked to middle east war hostilities.
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