Report: Bank of England may keep interest rates unchanged amid Middle East conflict.

date
17/03/2026
IBOSS's Rupert Thompson stated in a report that due to the uncertainty of the impact of the Middle East conflict on UK inflation, the Bank of England may keep interest rates unchanged in the coming months. Investors are concerned that high energy costs will push inflation up and eventually lead the Bank of England to raise rates. Data from the London Stock Exchange Group shows that market sentiment indicates a 52% probability of the Bank of England raising rates before December. Thompson said, "The previously effective cap on energy prices should delay or mitigate the impact on inflation until the end of June."