Mortgages, bills and jobs: Five takeaways from the Bank of England
Mădălin Mihai
The Bank of England has revealed some interesting details on the ways our finances might be affected as the conflict in the Middle East hits the economy. Here are five key takeaways. Not that long ago, most economists were expecting interest rates to fall this year. The Iran war changed that. Although the Bank held rates this month , it has signalled that rises could come later this year. Because of "uncertainty around the severity and duration" of the war, the Bank considered a range of
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