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.  

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.