BoE’s Bailey: Rate Rise Unlikely to Be the Last Unless US-Iran Conflict Ends

Cointime update: Bank of England Governor Andrew Bailey said the latest interest-rate increase is unlikely to be the last unless the US-Iran conflict ends. Bailey’s comment ties the central bank’s rate path directly to the persistence of the geopolitical standoff, signaling further tightening remains on the table while the conflict continues. He did not specify the size or timing of any additional moves.