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Bank of England set to hold rates at 3.75% as Iran war inflation fears rise
Economy
Published on 27 April 2026
Markets bet on a July hike despite BoE caution
The Bank of England is widely expected to keep interest rates at 3.75% this Thursday, using the meeting to gauge how the Iran war may harm Britain’s economy. Even as Governor Andrew Bailey warns against rushing decisions, UK inflation remains the highest in the G7, pushing investors to price in possible rate hikes as early as July.
- BoE expected to hold borrowing costs at 3.75% this week
- Iran war fallout will be central to the BoE’s outlook
- Andrew Bailey warns against premature rate moves
- Inflation pressure keeps July hike bets alive
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic