- The Bank of England, FED, and market experts are discussing how the ongoing Iran conflict and geopolitical tensions are driving up energy costs and influencing global financial rates.
- 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.
- Iran war fallout affects UK inflation risks.
- ONS data is being used to inform the Bank of England's central bank interest rate decisions.
ONS provides data on price cap impacts, which the Bank of England monitors as it informs central bank decisions.
4 reports, 3 independent
Updated Sep 11
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
ONS provides data on price cap impacts, which the Bank of England monitors as it informs central bank decisions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
ONS data is being used to inform the Bank of England's central bank interest rate decisions.Also in this story
- BoE rate hikes and inflation data are impacting consumer budgets and premium grocer sales in the UK.
- The Bank of England is expected to hold interest rates while the Fed signals possible rate hikes.
The entities involved
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Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data
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Bank of England
central bank of the United Kingdom
Related events
- ONS announces RPI inflation data for England. Government also sets the cap on regulated train fares.
- CPI inflation remains above the Bank of England's target rate.
- ONS reports inflation driven by energy price cap hike, while Kirsty Blackman issues warnings regarding the cost of living in Scotland.
- Inflation projections exceed Bank of England's forecasts.
- UK inflation data informs Bank of England rate expectations, while the U.S. Treasury's bond buyback drove bond market stability.