Interest rates held as Bank warns of impact of high energy prices

The Bank last cut interest rates in December but upheaval in the Middle East has stalled any further reductions.
This summary was generated by PolitGlobe's AI pipeline from publicly available reporting at BBC. For the full original article, visit the source below.
Read full article at BBCRelated coverage

Watch: U.S.-Iran peace deal signed: does Iran come out on top? | Above the Fold | 18.06.2026
A new U.S.-Iran peace deal, a politically significant Governor’s address in Tamil Nadu, and a courtroom battle over West Bengal’s Opposition leadership — here are the stories shaping the day.
NDA rule ensures stable governance, development, says Minister
NDA rule ensures stable governance, development, says Minister

Kerala govt. should explain reason for change of stance on PM SHRI: Pinarayi
He refutes Chief Minister’s claim that the State government had received funds as part of PM SHRI, adding the former LDF government signed MoU as the Union government had withheld the Samagra Shiksha Scheme funds, disrupting important spending in the education sector. Signing of MoU does not bind the State to implement the scheme. It can be implemented only if the UDF government takes a policy decision to that effect

US progressive Lewis George on track to become DC mayor after Trump threats
The Democratic Socialist has vowed aggressive response to Trump, who has said he could 'take back' DC if she wins.