The Bank of England has warned against the spread of the consequences of the war against Iran to the financial markets

The Bank of England has warned against the spread of the consequences of the war against Iran to the financial markets

The Bank of England has warned that the increase in geopolitical tensions and the spike in energy prices following the US war in Iran have increased the risk of instability and extreme fluctuations in the financial markets of this country.

On the one hand, this price increase increases the cost of households and companies, and on the other hand, with escalating inflation, it increases the possibility that interest rates will remain high.

Irna Jahan