Bank of England Deputy Governor Lombardelli: The tense situation in the Middle East is "deeply concerning".

Deputy Governor of the Bank of England Clare Lombardelli said that the escalating tension in the Middle East is "deeply concerning," and the bank is closely monitoring the situation. Lombardelli made the remarks in a media interview after the Bank of England decided to maintain interest rates at 4.25% on Thursday. "The situation in the Middle East is sad and deeply concerning. As you would expect, we are closely monitoring the events and their potential impact. For example, since the attack, we have seen an increase in oil prices, but what we are thinking about and focusing on is the impact on UK inflation. Therefore, we are closely monitoring and carefully assessing these events." "We expect interest rates to gradually decline overall. However, we also need to be cautious and consider all factors. Inflation remains high and has a real impact on the public."