Moneyfarm’s Flax Says Middle East Conflict Likely to Shape BOE Rate Decisions
Moneyfarm’s Richard Flax says developments in the Middle East conflict are likely to be the main influence on Bank of England rate decisions over coming months. The BOE raised its rate to 4.0% on Thursday in a widely expected move.
Developments in the Middle East conflict are likely to be the main influence on the Bank of England's interest rate decisions over the coming months, Moneyfarm's Richard Flax says in a note. The BOE raised interest rates to 4.0% on Thursday in a widely expected move. The BOE also acknowledged that…