IMF warns Bank of England against cutting interest rates too soon

IMF warns Bank of England against cutting interest rates too soon

The Bank of England must keep interest rates on hold for as long as risks from the Iran war persist, the International Monetary Fund has said. In its annual temperature check of Britain’s economic outlook, the fund warned rate setters to keep monetary policy “sufficiently restrictive” to avoid sparking a painful bout of inflation that becomes hard to contain. Economists have been closely monitoring the UK economy for signs that elevated oil pric…

IMF Chief Warns Bank Of England Against Premature Rate Cuts Amid Iran War Risks

NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News By Davis Washington The International Monetary Fund (IMF) has issued a stern warning to the Bank of England (BoE), advising against any premature cuts to its benchmark interest rate of 3.75%. The directive, which came as part of the IMF’s annual assessment of Britain’s economic health on July 16, 2026, emphasizes ma…