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Bank of England Holds Rate at 3.75% on June 15 as U.S.-Iran Peace Deal Eases Inflation Pressure

Commodities Forex

2026-06-15 14:49:22

According to XTB analyst Kathleen Brooks, on June 15, a U.S.-Iran peace agreement aimed at ending Middle East conflict and reopening the Strait of Hormuz has placed downward pressure on oil prices and eased inflation concerns ahead of the Bank of England's rate decision.

The BoE is expected to keep its benchmark interest rate unchanged at 3.75% on Thursday. Market participants will monitor voting splits and forward guidance for clues on future policy direction. The London Stock Exchange Group data shows the market has fully priced in a 25 basis point rate hike in December.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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