Investment & Finance

Bank boss tells BBC he won’t rush interest rate rises

Bank of England governor says the Iran war energy shock makes the next rate decision “very very difficult”.

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  • April 15, 2026
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“There’s really difficult judgments to be made,” said Bailey. “We’re not going to rush to judgments on those things, because there are a lot of uncertainties around this, not just how it’s going to play out, but also how it’s going to pass through into the UK economy.”

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