Bank of England to discuss impact of Iran war on interest rates
Members of the Bank of England’s Monetary Policy Committee (MPC), including the Governor, will give evidence to the Treasury Committee next Wednesday afternoon.
Meeting details
At 2:00pm: Private discussion
Work
Bank of England Monetary Policy Reports (Regular evidence sessions)
At 2:15pm: Oral evidence
Work
Bank of England Monetary Policy Reports (Regular evidence sessions)
Governor at Bank of England
Deputy Governor for Financial Stability at Bank of England
External Member at Monetary Policy Committee
External Member at Monetary Policy Committee
The session will focus on last month’s Monetary Policy Report, and the MPC’s most recent decision to hold the Bank Rate at 3.75%.
The Governor of the Bank of England will be joined by the Deputy Governor for Financial Stability, Sarah Breeden, as well as Dr Swati Dhingra and Dr Catherine L Mann who are both External Members of the MPC.
The Committee is likely to probe witnesses for their assessment of the impact of the war in Iran, particularly the potential inflationary effects of disrupted trade through the Strait of Hormuz.