- 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
- Mark Carney gained firsthand experience regarding the independence vote and the challenges to the structure of united Canada during the Brexit vote.
- Kemi Badenoch offered political and economic critiques, warning that Healey's budget could damage the economy and aligning with the Bank of England on borrowing costs.
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Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data
Related events
- Reuters published a poll regarding expectations for the Bank of England's interest rates.
- BoE officials discussed closer economic ties with the EU, while Pill's comments reinforced Governor Bailey's previous views.
- Bailey spoke at an Institute meeting regarding how the US-Iran war is influencing interest rate assessments.
- UK fiscal risk is being analyzed by Matthew Ryan and the OFR, coinciding with Bank of England rate hike speculation and rising bond yields driven by Middle East oil price surges.
- The Bank of England, located in the City of London, is facing economic turmoil due to the Iran war, coinciding with Banksy stunts in the city.