Bank of England does not need to hike interest rates, says IMF — it may even need to cut
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Source: CNBC
Published: 2026-05-18 23:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Middle East, Military & Defence, Iran, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
Renewed inflationary pressures in the U.K. since the outbreak of the Iran war have upended monetary policy expectations, with the Bank of England forecast to hold, if not hike, interest rates this year.
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