Rates had been expected to fall this year, but worries about an inflation spike caused by the conflict in Iran have led the Bank to act cautiously.

​  Rates had been expected to fall this year, but worries about an inflation spike caused by the conflict in Iran have led the Bank to act cautiously.  

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Rates had been expected to fall this year, but worries about an inflation spike caused by the conflict in Iran have led the Bank to act cautiously.