- Geopolitical risks and the US–Iran war are impacting outlooks in the region.
- The Bank of England, led by Governor Andrew Bailey, has issued warnings regarding the economic outlook due to geopolitical instability caused by the Iran war and its impact on energy supplies.
ONS data is informing the Bank of England's economic outlook, which is being influenced by geopolitical instability from the US-Iran war.
3 reports, 2 independent
Updated Sep 15
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What happened
ONS data is informing the Bank of England's economic outlook, which is being influenced by geopolitical instability from the US-Iran war.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Bank of England, led by Governor Andrew Bailey, has issued warnings regarding the economic outlook due to geopolitical instability caused by the Iran war and its impact on energy supplies.Also in this story
All 3 developmentsWithin Geopolitical risks and the US–Iran war are impacting outlooks in the region.
The entities involved
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Bank of England
central bank of the United Kingdom
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Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data
Related events
- Andrew Bailey is the governor of the Bank of England, which operates in the UK.
- Andrew Bailey defended the Bank of England's Governor against criticism from Donald Trump.
- The Bank of England's Governor Andrew Bailey commented on the current rate decision, noting that monetary policy impacts global markets, with reports published by Bloomberg.
- Led by Andrew Bailey, the Bank of England is setting policy alongside the ECB, managing monetary policy in Europe while factoring in the Iran peace deal's impact on UK inflation.
- BoE policy is being influenced by geopolitical tensions, including Houthis attacks, coupled with hawkish expectations from the Bank of Japan and slowing retail sales.