Bank of England policymaker suggests waiting on rate decision amid Iran war uncertainty in World Economy News 12/05/2026 Bank of England rate-setter Megan Greene said Monday it would be prudent to delay any interest rate decision until the economic impact of the Iran war becomes clearer. “It’s worth waiting for a little while to see what happens with the progression of this war and therefore see what we can infer about how it will propagate through the economy before we make a move,” Greene said in a Bloomberg podcast. Greene noted that the conflict has created a negative supply shock and an energy shock, which could push inflation higher while simultaneously dampening economic growth. “We’ve now had a negative supply shock, an energy shock, and that stands to push inflation up and growth down, which is a terrible situation for a central banker to be in,” she said. Source: Investing.com 2026-05-12 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share