Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty
⚡ CryptoTradeSignals AI Take▼ Bearish
Risk-off pressure — a headwind for BTC, ETH and crypto broadly. Watch your exposure.
Affected: BTC, ETHmedium confidence
KEY POINTS
- Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says The Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK’s growth rate stays weak, its governor, Andrew Bailey, has said.
Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says The Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK’s growth rate stays weak, its governor, Andrew Bailey, has said. In a signal that borrowi
Read the full story at The Guardian →Summary & AI Take by CryptoTradeSignals — automated analysis, not financial advice. Full reporting belongs to The Guardian.
More Macro & Economy news
US judge orders review of Trump’s IRS lawsuit settlementInvesting.com
DOGE official discussed contracts tied to firm he invested in, WSJ reportsInvesting.com
Canada’s broader citizenship rules draw strong American interest, data showsInvesting.com
‘I want my life back’: drugs shortages lay bare economic impact of diamond crash in BotswanaThe Guardian
Inflation fight again putting central bank independence under strain, policymakers sayInvesting.com
China warns of retaliation if EU imposes new trade restrictionsInvesting.com