Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

BoE's Greene says worth waiting "a little while" for Iran war developments

Mon, 11th May 2026 09:20

May 11 (Reuters) - Bank ​of ⁠England interest rate-setter Megan ​Greene said it was worth ​waiting "a ‌little while" to see how ⁠the Iran war unfolds ⁠before deciding ​whether to raise interest rates, in an interview published on Monday.

"It's ​worth ‌waiting for a little while to see what happens with the progression ​of this war and ‌therefore see what we can infer about how ‌it will propagate through the economy before we make a move," ​Greene told a Bloomberg podcast.

"We've now ‌had a negative supply shock, an energy shock, and that ⁠stands ⁠to push inflation ‌up and growth down, which is ​a terrible ​situation for ‌a central banker to be in."

Market News Economic News Finance and Instruments Banking

Related News

Tough conditions see losses widen at Shoe Zone
1 hour ago

Tough conditions see losses widen at Shoe Zone

(Sharecast News) - Shares in Shoe Zone tumbled in morning trading on Monday, after the footwear retailer slid further into the red and warned that "ch...

LONDON MARKET OPEN: FTSE 100 edges up as Trump rejects Iran proposal
2 hours ago

LONDON MARKET OPEN: FTSE 100 edges up as Trump rejects Iran proposal

(Alliance News) - Stock prices in London opened slightly higher on Monday, even as geopolitical tensions in the Middle East continued to weigh on sent...

Market News Airtel Africa + 5 more shares